Entertainment James Bond 25: five companies bidding for the rights

12:01  21 april  2017
12:01  21 april  2017 Source:   MSN

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James Bond Franchise Rights Being Pursued By Five Different Studios. Five Hollywood studios are currently engaged in a bidding war for the rights to the James Bond film franchise. The series producers are hoping to move forward on the currently untitled Bond 25 soon (they already have

The rights for Bond 25 are up for grabs, and five studios are working to acquire the valuable franchise since it means a guaranteed hit at the box office. EON and MGM own the rights to the James Bond films, but they do not distribute them. They’re production companies , but they need a distributor to

James Bond 25: five companies bidding for the rights © Den of Geek James Bond 25: five companies bidding for the rights

The theatrical rights to the next James Bond film are up to date: and they may give a clue to Daniel Craig's intentions.

Times are changing in the world of James Bond movies. Ever since Daniel Craig took on the role for the first time with Casino Royale, the movies have been theatrically distributed by Sony, with 20th Century Fox then in charge of the home entertainment releases.

The financial incentive to do so reportedly isn’t too great. In spite of grossing over $800m worldwide, the actual profit to Sony’s coffers – once everyone had had their slice – was reportedly quite low on Spectre. And because Sony didn't benefit from the DVD and Blu-ray releases, its potential income was limited anyway. When Spectre fell short of Skyfall's $1bn+ box office gross, Sony's Excel spreadsheet would have groaned a little.

That said, as the incumbent, Sony is in a good position to bid for a renewal of its deal if it wants it.

However, other studios are now in the mix. According to the New York Times, the competition is down to five: Sony, Warner Bros, 20th Century Fox, Universal and Annupurna Pictures. The latter, you’d have to say, is the wildcard. Should it get the rights, it would still presumably need some help with distribution muscle, given the scale of Bond adventures.

While we wait and see which of the assorted companies prevails, there’s a further detail in the story that may yet be telling. For it seems that the rights available are for just one film. That would add fuel to speculation that Daniel Craig is returning for a final adventure, before the 007 series does another soft reboot. None of that has been confirmed, however.

Neither Disney nor Paramount, of the Hollywood majors, is apparently in the running for the 007 job. Not that Disney, for one, particularly needs to be. It makes far more return from its own investments.

More on James Bond 25 as we hear it.

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Source: http://ca.pressfrom.com/news/entertainment/-24296-james-bond-25-five-companies-bidding-for-the-rights/

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