EXCLUSIVE: Barbara Broccoli began making the calls Thursday, London time, to her most frequent and trusted collaborators to tell them news would soon ricochet around the world like a bullet fired from a Walther PPK,

The studio will take the reins for the 60-year-old movie property, while Michael G. Wilson and Barbara Broccoli will remain co-owners as they move to the sidelines as part of a joint venture transaction.

Barbara Broccoli and Michael G. Wilson have signed creative control over the James Bond franchise to Amazon MGM Studios.

It's taking around $1 billion to have James Bond stewards Barbara Broccoli and Michael G. Wilson cede oversight to Amazon MGM Studios, sources say.

Timothy Dalton, who played James Bond in 1987’s “The Living Daylights” and 1989’s “Licence to Kill,” is weighing in on the blockbuster deal that saw longtime producers Michael G. Wilson and Barbara Broccoli pass complete creative control of the iconic British super spy franchise to Amazon MGM Studios.

Daniel Craig responds to the big changes in the world of James Bond, after Amazon MGM Studios took creative control of the franchise.

A movie star from classic James Bond films warned that the series' acquisition by Amazon MGM may bring changes to the long-running franchise.

Daniel Craig is raising a (martini) glass to James Bond’s long-time producers Michael G. Wilson and Barbara Broccoli, who announced on Thursday their plans to step back from the 007 franchise and cede creative control to Amazon MGM.

James Bond producer Barbara Broccoli was "upset" but "resigned" to Amazon's takeover of the franchise after the 007 bosses handed creative control over to Amazon MGM Studios in a huge deal