Amazon MGM Studios, Michael G. Wilson, and Barbara Broccoli today announced that they have formed a new joint venture to house James Bond.

The new agreement likely spells doom for the James Bond franchise, as Amazon MGM's plans reportedly include spinoffs, TV series, and more.

The beloved franchise was protected for decades by sibling producers Barbara Broccoli and Michael G. Wilson, but is now under new creative control.

Amazon MGM Studios and longtime Bond custodians Michael G. Wilson and Barbara Broccoli formed a new joint venture in which they will co-own James Bond intellectual property rights.

A new deal will see Amazon and MGM Studios take creative control over the James Bond series. Long-time producers Barbara Broccoli and Michael G. Wilson will step back, ending a family legacy that dates back to the first Bond film starring Sean Connery over sixty years ago.

In a huge shakeup for the James Bond series, Amazon will take creative control as longtime producers Michael G. Wilson and Barbara Broccoli step back.

Amazon MGM, Broccoli, and fellow Bond producer Michael G. Wilson announced the formation of a new joint venture that will give the studio full creative control over the Bon

Barbara Broccoli and Michael G. Wilson have signed creative control over the James Bond franchise to Amazon MGM Studios.

Uncertainty over the famed franchise has started to take on a new form thanks to Amazon-MGM’s James Bond deal seeing long-time stewards Barbara Broccoli and Michael G. Wilson handing over the keys to their family’s kingdom.

Timothy Dalton, who played James Bond in 1987’s “The Living Daylights” and 1989’s “Licence to Kill,” is weighing in on the blockbuster deal that saw longtime producers Michael G. Wilson and Barbara Broccoli pass complete creative control of the iconic British super spy franchise to Amazon MGM Studios.

Daniel Craig was neither shaken nor stirred by Thursday’s shocking announcement that producers Barbara Broccoli and Michael G. Wilson have ceded control of the James Bond franchise to Amazon. “My respect,

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