The iconic James Bond film series, long held within one family, has recently entered a new era following a historic deal with Amazon’s MGM studio.

This acquisition has shifted the ownership of the beloved franchise to Amazon, which is now poised to steer the series in a fresh direction.

In a statement, Variety magazine described the deal as one that “takes the popular series in a new shape and direction.”

As part of the agreement, Barbara Broccoli and Michael G. Wilson, the long-time custodians of the Bond series, have granted creative control to Amazon MGM, marking a significant change in the future of the franchise.

Hollywood has been taken aback by Amazon MGM’s entrance as the new producer of the legendary James Bond 007 series. The most recent installment, No Time to Die, was released in 2021 and marked Daniel Craig’s final appearance as James Bond.

The search for the next Bond is currently underway. Craig portrayed the iconic spy in five films, but sources reveal that the story and director for the upcoming series have yet to be confirmed.

Four years ago, Amazon purchased MGM Studios for $8.5 billion, laying the groundwork for this new chapter in the Bond legacy.