Whatâs the going rate for James Bondâs license to kill? Well, Amazon MGM paid $20 million for creative control of the 007 franchise.
Earlier this year, Bondâs long-time producers Michael G. Wilson and Barbara Broccoli stepped back and ceded creative control to Amazon MGM. The three entities, Wilson, Broccoli and Amazon MGM, formed a joint venture to house the intellectual property rights while allowing all three to remain co-owners of the property.
A recent earnings report for Wilson and Broccoliâs company Eon Productions revealed the cost of doing business â and itâs way less than others had initially speculated. âOn 20 February 2025, the company entered into an agreement for the sale of its interest in the Bond franchise, all associated assets as well as its subsidiary companies, B24 Limited and B25 Limited. The total consideration for the sale amounted to $20 million (USD),â the report says.
After Amazon purchased MGM for $8.5 billion in 2021, the company acquired the rights to distribute all James Bond films. However the tech company only owned 50% of the franchise and was relegated to being a passive partner in terms of artistic choices. Shortly after the joint venture was announced, Amy Pascal and David Heyman were tapped to produce the next Bond installment. More recently, âDuneâ filmmaker Denis Villeneuve was hired to direct while âPeaky Blindersâ creator Steven Knight was appointed to write the screenplay.
Itâs still unclear, however, who will play the tux-wearing, martini-drinking secret spy after Daniel Craigâs wildly successful tenure ended with 2021âs âNo Time to Die.â
From Variety US
Love Film & TV?
Get your daily dose of everything happening in music, film and TV in Australia and abroad.
