No Time to Die and future films will be released exclusively on Amazon’s streaming service.
Bond producers Barbara Broccoli and Michael G. Wilson were quick to dispel any such notion however, promising James Bond will always be a theatrical event.
In a statement to Variety, Broccoli and Wilson said “We are committed to continuing to make
James Bond films for the worldwide theatrical audience.” The pair run Eon Productions and have kept the
Bond franchise going for years after Barbara’s father Albert ‘Cubby’ Broccoli helped launched the film series with
Dr. No in 1962.
While they split the profits with MGM, who finances and distributes the films, Broccoli and Wilson have final say on everything in the way a film is marketed down to who will portray the famous spy when it comes time to recast, a decision that will be made eventually as
AMAZON.COM, Inc. will buy MGM, the fabled US movie studio home to the
James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.
The deal aims to bolster Amazon’s television-focused studio with new and historic filmmaking from MGM, which has snapped up lucrative series including
Rocky and
Tomb Raider since its founding in 1924.
Streaming video helps the world’s largest online retailer draw people to subscribe to Prime, a club with fast shipping, and to shop more once they’re members. Privately-held MGM, or Metro Goldwyn Mayer, also owns the Epix cable channel and makes popular TV shows including
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James Bond chiefs have reassured fans the movies will still be shown in cinemas despite its studio MGM being bought by Amazon. The 007 films are now a property of Amazon following the e-commerce giant s $8.45 billion purchase of MGM, who co-finance the films alongside Eon Productions. However, following the deal, longtime Bond producers Barbara Broccoli and Michael G. Wilson, who run Eon, issued a statement to assure film fans who were worried that 007 will no longer have a licence to kill on the big screen. We are committed to continuing to make James Bond films for the worldwide theatrical audience, Broccoli and Wilson said in a statement to The Hollywood Reporter.
James Bond producers say film will still get worldwide release despite Amazon s recent acquisition of MGM
SECTIONS James Bond producers say film will still get worldwide release despite Amazon s recent acquisition of MGMPTI
Last Updated: May 27, 2021, 04:06 PM IST
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Reuters No Time To Die , which will mark Craig s fifth and final appearance as the suave British spy, is currently scheduled to be released in the US on October 8.
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LOS ANGELES: The producers of James Bond movie No Time To Die have made it clear that the much-awaited film will release in theatres exclusively, despite Amazon s recent acquisition of studio MGM.