Amazon will take full creative control of the James Bond franchise

Time (and perhaps a large check or two) heals all wounds. Amazon and the longtime producers and custodians of the James Bond movies have finally agreed on a way forward for the series. Amazon MGM Studios will form a joint venture with Michael G. Wilson and Barbara Broccoli that will hold the intellectual property rights and ensure they remain co-owners of the franchise. However, Wilson and Broccoli will be stepping back to focus on other projects, with Amazon gaining full creative control. The company bought MGM in 2022 for $8.45 billion to get its hands on a renowned film studio with a vast library of film and TV episodes. Co-ownership of the Bond series was a big part of that. However, production of Bond movies had been on hold amid reports of a power struggle between Amazon and Broccoli, who is said to have felt that an ecommerce giant was not the right fit for her family's franchise (she inherited the series from her father, Albert “Cubby” Broccoli, who died in 1996). Until now, ... Read full article.