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Amazon MGM Takes Creative Reins of James Bond, Ending an Era of Family Control of 007 

A photo taken on September 28, 2021 shows a projected image of British actor Daniel Craig during the World Premiere of the James Bond 007 film "No Time to Die" at the Royal Albert Hall in west London. (AFP) 
A photo taken on September 28, 2021 shows a projected image of British actor Daniel Craig during the World Premiere of the James Bond 007 film "No Time to Die" at the Royal Albert Hall in west London. (AFP) 
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Amazon MGM Takes Creative Reins of James Bond, Ending an Era of Family Control of 007 

A photo taken on September 28, 2021 shows a projected image of British actor Daniel Craig during the World Premiere of the James Bond 007 film "No Time to Die" at the Royal Albert Hall in west London. (AFP) 
A photo taken on September 28, 2021 shows a projected image of British actor Daniel Craig during the World Premiere of the James Bond 007 film "No Time to Die" at the Royal Albert Hall in west London. (AFP) 

In a James Bond shakeup that stirred the film industry, Amazon MGM announced Thursday that the studio has taken the creative reins of the 007 franchise after decades of family control. Longtime Bond custodians Michael G. Wilson and Barbara Broccoli said they would be stepping back.

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

Financial terms weren’t disclosed. The deal is expected to close sometime this year.

“With my 007 career spanning nearly 60 incredible years, I am stepping back from producing the James Bond films to focus on art and charitable projects,” Wilson said in a statement. “Therefore, Barbara and I agree, it is time for our trusted partner, Amazon MGM Studios, to lead James Bond into the future.”

Amazon bought MGM Studios in 2022 for $6.1 billion, a purchase that was significantly motivated by the acquisition of one of the movies’ most beloved and long-running franchises. Since the Daniel Craig era of 007 concluded with 2021’s “No Time to Die,” Broccoli and Wilson have reportedly clashed with Amazon MGM over the direction of Bond.

The announcement Thursday means that for the first time in more than half a century of Bond, a Broccoli won’t be greenlighting the next 007 film, or picking who inherits his tux. Amazon MGM also anticipates expanding the franchise beyond movies.

“We are grateful to the late Albert R. Broccoli and Harry Saltzman for bringing James Bond to movie theaters around the world, and to Michael G. Wilson and Barbara Broccoli for their unyielding dedication and their role in continuing the legacy of the franchise that is cherished by legions of fans worldwide,” said Mike Hopkins, head of Prime Video and Amazon MGM Studios.

“We are honored to continue this treasured heritage, and look forward to ushering in the next phase of the legendary 007 for audiences around the world.”

Bond had been a family business since Albert “Cubby” Broccoli secured the rights to adaptations of Ian Fleming’s novels and kicked off a run of 25 Bond films produced by Eon Productions, beginning with 1962’s “Dr. No.” Those movies have accrued $7.6 billion in box office.

In 1995, the elder Broccoli handed over control of Eon to his daughter, Broccoli, and stepson, Wilson. In recent years, the 64-year-old Broccoli has largely taken the lead as Wilson, 83, has aged into retirement.

“My life has been dedicated to maintaining and building upon the extraordinary legacy that was handed to Michael and me by our father, producer Cubby Broccoli,” Broccoli said in a statement. “I have had the honor of working closely with four of the tremendously talented actors who have played 007 and thousands of wonderful artists within the industry. With the conclusion of ‘No Time to Die’ and Michael retiring from the films, I feel it is time to focus on my other projects.”

Broccoli and Wilson’s previous standoff with Amazon MGM had essentially frozen development on the next Bond movie. No script, director or star has yet been announced for the next installment, an unusually long break for a franchise that has typically spaced films two or three years apart. Broccoli also produced the 2022 film “Till” and the musical “Buena Vista Social Club,” opening next month on Broadway.

A key point for the producers in the Amazon acquisition of MGM was a commitment to theatrically release James Bond films. That Bond’s future is now in the hands of an e-commerce giant with one of the leading streaming services will immediately prompt doubts from some fans about Bond’s new corporate overloads. Other billion-dollar movie franchises, such as the Disney-owned “Star Wars” and Marvel brands, have in recent years struggled with over-saturation.

Even Joe Russo, co-director of four Marvel Cinematic Universe films including “Avengers: Endgame,” pleaded to Amazon MGM: “DON’T cinematic universe James Bond.”

“It is one of our last, great theatrical events,” Russo said on X. “Don’t dilute that with a plethora of streaming spin-offs.”

In an interview last fall ahead of receiving an honorary Oscar alongside her brother, Broccoli told The Associated Press that, in an era of upheaval in the movie industry, boldness was necessary.

“People are playing it very safe,” Broccoli said. “I think in times of crisis like this, you’ve got to be brave.”

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Entertainment

Sony Buys a Majority Stake in the ‘Peanuts’ Comic for $457 Million from Canada's WildBrain

Sony Corp. President Kenichiro Yoshida speaks as characters from "Peanuts" are shown at a press conference at the company's headquarters Tuesday, May 22, 2018, in Tokyo. (AP)
Sony Corp. President Kenichiro Yoshida speaks as characters from "Peanuts" are shown at a press conference at the company's headquarters Tuesday, May 22, 2018, in Tokyo. (AP)
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Sony Buys a Majority Stake in the ‘Peanuts’ Comic for $457 Million from Canada's WildBrain

Sony Corp. President Kenichiro Yoshida speaks as characters from "Peanuts" are shown at a press conference at the company's headquarters Tuesday, May 22, 2018, in Tokyo. (AP)
Sony Corp. President Kenichiro Yoshida speaks as characters from "Peanuts" are shown at a press conference at the company's headquarters Tuesday, May 22, 2018, in Tokyo. (AP)

Happiness is taking control of a beloved comic strip.

Sony is buying a 41% stake in the Charles M. Schulz comic “Peanuts” and its characters including Snoopy and Charlie Brown from Canada's WildBrain in a $457 million deal, the two companies said Friday.

The deal adds to Sony's existing 39% stake, bringing its shareholding to 80%, according to a joint statement. The Schulz family will continue to own the remaining 20%.

“With this additional ownership stake, we are thrilled to be able to further elevate the value of the 'Peanuts' brand by drawing on the Sony Groupʼs extensive global network and collective expertise,” Sony Music Entertainment President Shunsuke Muramatsu said.

“Peanuts” made its debut Oct. 2, 1950 in seven newspapers. The travails of the “little round-headed kid” Charlie Brown and pals including Linus, Lucy, Peppermint Patty and his pet beagle Snoopy eventually expanded to more than 2,600 newspapers, reaching millions of readers in 75 countries.

The strip offers enduring images of kites stuck in trees, Charlie Brown trying to kick a football, tart-tongued Lucy handing out advice for a nickel and Snoopy taking the occasional flight of fancy to the skies. Phrases such as “security blanket," “good grief” and “happiness is a warm puppy” are a part of the global vernacular. Schulz died in 2000.

Sony acquired its first stake in Peanuts Holdings LLC in 2018 from Toronto-based WildBrain Ltd. In Friday's transaction, Sony's music and movie arms signed a “definitive agreement” with WildBrain to buy its remaining stake for $630 million Canadian dollars ($457 million).

Rights to the “Peanuts” brand and management of its business are handled by a wholly-owned subsidiary of Peanuts Holdings.

WildBrain also owns other kids' entertainment franchises including Strawberry Shortcake and Teletubbies.

Entertainment

‘Sinners,’ ‘Wicked: For Good,’ ‘KPop Demon Hunters’ Advance in Oscars Shortlists 

US film director Ryan Coogler poses on the red carpet upon arrival for the European Premiere of "Sinners" at Cineworld Leicester Square, central London, on April 14, 2025. (AFP)
US film director Ryan Coogler poses on the red carpet upon arrival for the European Premiere of "Sinners" at Cineworld Leicester Square, central London, on April 14, 2025. (AFP)
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‘Sinners,’ ‘Wicked: For Good,’ ‘KPop Demon Hunters’ Advance in Oscars Shortlists 

US film director Ryan Coogler poses on the red carpet upon arrival for the European Premiere of "Sinners" at Cineworld Leicester Square, central London, on April 14, 2025. (AFP)
US film director Ryan Coogler poses on the red carpet upon arrival for the European Premiere of "Sinners" at Cineworld Leicester Square, central London, on April 14, 2025. (AFP)

Ryan Coogler’s bluesy vampire thriller “Sinners,” the big screen musical “Wicked: For Good” and the Netflix phenomenon “KPop Demon Hunters” are all a step closer to an Oscar nomination.

The Academy of Motion Picture Arts and Sciences released shortlists for 12 categories Tuesday, including for best song, score, international and documentary film, cinematography and this year’s new prize, casting.

“Sinners” and “Wicked: For Good” received the most shortlist mentions with eight each, including makeup and hair, sound, visual effects, score, casting and cinematography. Both have two original songs advancing as well. For “Wicked” it’s Stephen Schwartz’s “The Girl in the Bubble” and “No Place Like Home.” For “Sinners,” it’s Ludwig Göransson, Miles Caton and Alice Smith’s “Last Time (I Seen the Sun),” and Göransson and Raphael Saadiq’s “I Lied to You.”

The “KPop Demon Hunters” hit “Golden,” by EJAE and Mark Sonnenblick, was another shortlisted song alongside other notable artists like: Nick Cave and Bryce Dessner for “Train Dreams”; John Mayer, Ed Sheeran and Blake Slatkin for the “F1” song “Drive”; Sara Bareilles, Brandi Carlile and Andrea Gibson for “Salt Then Sour Then Sweet” from “Come See Me In the Good Light"; and Miley Cyrus, Simon Franglen, Mark Ronson and Andrew Wyatt for “Dream as One” from “Avatar: Fire and Ash.” Diane Warren also might be on her way to a 17th nomination with “Dear Me” from “Diane Warren: Relentless.”

One of the highest profile shortlist categories is the best international feature, where 15 films were named including “Sentimental Value” (Norway), “Sirât” (Spain), “No Other Choice” (South Korea), “The Secret Agent” (Brazil), “It Was Just an Accident” (France), “The Voice of Hind Rajab” (Tunisia), “Sound of Falling” (Germany) and “The President's Cake” (Iraq).

Notable documentaries among the 15 include “My Undesirable Friends: Part I — Last Air in Moscow,” “The Perfect Neighbor,” “The Alabama Solution,” “Come See Me in the Good Light,” “Cover-Up” and Mstyslav Chernov’s “2000 Meters to Andriivka,” a co-production between The Associated Press and PBS Frontline.

The Oscars' new award for casting shortlisted 10 films that will vie for the five nomination slots: “Frankenstein,” “Hamnet,” “Marty Supreme,” “One Battle After Another,” “The Secret Agent,” “Sentimental Value,” “Sinners,” “Sirāt,” “Weapons,” and “Wicked: For Good.” Notably “Jay Kelly and “Wake Up Dead Man: A Knives Out Mystery” did not make the list.

Composers who made the shortlist for best score include Göransson (“Sinners”), Jonny Greenwood (“One Battle After Another”), Max Richter (“Hamnet”), Alexandre Desplat (“Frankenstein”) and Kangding Ray (“Sirāt”).

For the most part, shortlists are determined by members in their respective categories, though the specifics vary from branch to branch: Some have committees, some have minimum viewing requirements.

As most of the shortlists are in below-the-line categories celebrating crafts like sound and visual effects, there are also films that aren’t necessarily the most obvious of Oscar contenders like “The Alto Knights,” shortlisted in hair and makeup, as well as the widely panned “Tron: Ares” and “The Electric State,” both shortlisted for visual effects. “Tron: Ares” also made the lists for score and song with Nine Inch Nails' “As Alive As You Need Me To Be”

The lists will narrow to five when final nominations are announced on Jan. 22. The 98th Oscars, hosted by Conan O’Brien, will air live on ABC on March 15.

Entertainment

Netflix Boss Promises Warner Bros Films Would Still be Seen in Cinemas

Netflix CEO Ted Sarandos poses during the avant-premiere of TV serie "Emily in Paris" season 5, at the Grand Rex, in Paris on December 15, 2025. (Photo by Blanca CRUZ / AFP)
Netflix CEO Ted Sarandos poses during the avant-premiere of TV serie "Emily in Paris" season 5, at the Grand Rex, in Paris on December 15, 2025. (Photo by Blanca CRUZ / AFP)
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Netflix Boss Promises Warner Bros Films Would Still be Seen in Cinemas

Netflix CEO Ted Sarandos poses during the avant-premiere of TV serie "Emily in Paris" season 5, at the Grand Rex, in Paris on December 15, 2025. (Photo by Blanca CRUZ / AFP)
Netflix CEO Ted Sarandos poses during the avant-premiere of TV serie "Emily in Paris" season 5, at the Grand Rex, in Paris on December 15, 2025. (Photo by Blanca CRUZ / AFP)

Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful, the streaming service's chief executive Ted Sarandos said in an interview Tuesday in Paris.

"We're going to continue to operate Warner Bros. studios independently and release the movies traditionally in cinema," he said during an event in the French capital, while admitting his past comments on theatrical distribution "now confuse people".

Previously, Sarandos had suggested that the cinema experience was outdated, surpassed by the convenience of streaming.

The Netflix boss was being interviewed by Maxime Saada, head of France's Canal+ media group, in a Paris theater that was presenting Canal+'s projects for 2026, Agence France Presse reported.

Netflix only began to produce its own programs a dozen years ago, Sarandos explained, so "our library only extends back a decade, where Warner Bros. extends back 100 years. So they know a lot about things that we haven't ever done, like theatrical distribution."

In early December, Netflix announced that it had reached an agreement with Warner Bros. Discovery (WBD) to acquire most of the group for $83 billion.

However, doubts remain about whether the deal will be approved by regulators, and in the meantime television and film group Paramount Skydance has made a counter-offer valued at $108.4 billion.

If Netflix's bid is successful, it would acquire HBO Max, one of the world's largest media platforms, and it would find itself at the head of a movie catalogue including the Harry Potter and Lord of the Rings sagas, as well as the superheroes of DC Studios.