Following a year of fraught negotiations, Amazon will soon have a full grip on the franchise that has spawned 25 films about Agent 007.

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

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

The studio will take the reins for the 60-year-old movie property, while Michael G. Wilson and Barbara Broccoli will remain co-owners as they move to the sidelines as part of a joint venture transaction.

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.

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's MGM Studios will take creative control of the "James Bond" film franchise under a new joint venture with longtime rights holders Michael Wilson and Barbara Broccoli, the technology giant said on Thursday.

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.

Amazon will co-own the franchise with producers Michael Wilson and Barbara Broccoli—whose father Albert Broccoli produced the films up until 1995—in a joint venture that grants Amazon creative control over the series,

Barbara Broccoli attended a performance of her stage musical "Buena Vista Social Club" at the Atlantic Theater in New York. The longtime James Bond producer and gatekeeper was joined by three top Amazon MGM Studios executives - Jennifer Salke,