EON Productions, the company behind the James Bond franchise, has disclosed that Amazon MGM Studios paid $20 million for its stake in the spy series. The payment was revealed in a UK earnings report filed by EON, which is controlled by Michael G. Wilson and Barbara Broccoli.
According to the filing, the transaction occurred on 20 February 2025 and included the sale of EON's interest in the Bond franchise, associated assets, and subsidiary companies B24 Limited and B25 Limited. The $20 million figure is significantly lower than the previously reported $1 billion deal value, but sources indicate the payment is an initial sum within a joint venture structure. Amazon holds the majority stake, and EON is expected to receive additional compensation over time.
EON's earnings report also showed revenue of £12.1 million ($16.3 million) for the last financial year, down from £22.1 million in 2023 and far below the £235 million recorded in 2021 when 'No Time to Die' was released. Pre-tax profit stood at £1.5 million in 2024, recovering from a £1.2 million loss the previous year.
Amazon MGM Studios is moving forward with a new Bond film, with Denis Villeneuve set to direct and Amy Pascal and David Heyman producing. The search for a new actor to play the iconic spy is expected to begin next year, with Villeneuve reportedly seeking a fresh British face. Additionally, EON is developing a reimagining of 'Chitty Chitty Bang Bang' with Amazon MGM Studios, with Matthew Warchus attached to direct and Enda Walsh writing the script.
