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The MGM Studios (AMZN) from Amazon receives creative control over the famous “James Bond” franchise, as the company wants to deepen its position in the streaming wars, the company announced on Thursday.

The studio will form a joint venture to acquire the rights to intellectual property by producers Barbara Broccoli and her stepbrother Michael Wilson. The couple, who has had creative control for a long time, will remain co -owners of the franchise together with Amazon. The financial conditions of the deal were not announced.

“With my 007 career in almost 60 unbelievable years, I resign from the production of the James Bond films to concentrate on art and non -profit projects,” said Wilson in a statement. “So Barbara and I agree to lead James Bond to the future for our trustworthy partner Amazon MGM Studios.”

Amazon bought Hollywood Studio MGM Holdings in 2022 for 8.45 billion US dollars, including debts, since it started to improve his streaming service in order to better compete with Netflix (NFLX) and Disney (Disney).

At that time, the Wall Street analysts and Hollywood observers praised the deal, which gave Amazon access to a catalog of more than 4,000 films, including the “James Bond” franchise and 17,000 TV shows such as “Fargo” and “The Handmaid’s Tale “. In particular, the deal contained only sales rights.

The company had long contradicted Brokkoli and Wilson, who had the power, when the “James Bond” films would go to the production as well as the casting decisions and the overall direction of action.

Now Amazon will have this performance. The franchise is currently looking for his next James Bond after Daniel Craig resigned in 2021.

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