Amazon MGM Studios, Michael G. Wilson, and Barbara Broccoli have have formed a new joint venture to house the James Bond intellectual property rights. The three parties will remain co-owners of the franchise.

Wilson and Barbara Broccoli have formed a new joint venture to house the James Bond IP rights, under which Wilson and Broccoli will cede creative control of the franchise to Amazon. All three parties will remain co-owners of the long-running series,