MGM and Sony Pictures have announced a deal to co-finance and release the next two James Bond movies, securing the immediate future of a franchise that not too long ago looked bleak. The two studios previously partnered on Casino Royale and Quantum of Solace.
The still-untitled 23rd Bond film had been plagued by repeated delays tied to MGM’s well-publicized financial woes, leading to what will be a four-year gap between installments of the franchise.
But the superspy sprang back to life in January, with the studio confirming the return of Daniel Craig in a movie helmed by American Beauty director Sam Mendes. They’ll be joined Judi Dench, who’ll play the enigmatic M for an eighth time, and Javier Bardem as the villain.
Penned by franchise veterans Neal Purvis and Robert Wade and The Gladiator writer John Logan, the movie is set for release on Nov. 9, 2012 — the 50th anniversary of the first Bond film Dr. No.
Deadline has the official announcement of the studios’ agreement, which mentions the possibility of co-financing other movies in the next five years.