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International Business Times
International Business Times
Business

HISTORICAL FACTS: Bond franchise shifts to amazon as broccoli family steps back - The Untold Story

Amazon's gaining of control over the James Bond franchise is sure to leave the film industry shaken and stirred (Credit: AFP)

Amazon MGM Studios will take creative control of the James Bond franchise following a landmark joint venture agreement with longtime producers Michael Wilson and Barbara Broccoli, the parties announced Thursday.

The deal is a major shift in the governance of one of cinema's most valuable properties, though Wilson and Broccoli's company will remain co-owners of the franchise through the new venture, a statement said.

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