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Amazon MGM James Bond takeover leaves Hollywod shaken and stirred

Firm takes enduring spy franchise’s creative reins, ending era of family control over 007
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FILE - In this Oct. 28, 2015, file photo, actor Daniel Craig poses for the media as he arrives for the German premiere of the James Bond movie ‘Spectre’ in Berlin, Germany. (AP Photo/Michael Sohn, File)

In a James Bond shakeup that stirred the film industry, announced Thursday that the studio has taken the creative reins of the 007 franchise after decades of family control.

Longtime said they would be stepping back.

Amazon MGM Studios, Wilson and Broccoli formed a new joint venture in which they will co-own James Bond intellectual property rights — but Amazon MGM will have creative control.

Financial terms weren’t disclosed. The deal is expected to close sometime this year.

“With my 007 career spanning nearly 60 incredible years, I am stepping back from producing the James Bond films to focus on art and charitable projects,” Wilson said in a statement. “Therefore, Barbara and I agree, it is time for our trusted partner, Amazon MGM Studios, to lead James Bond into the future.”





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