Sony & MGM Finalise Bond 23 & 24 Deal

In an official press release today, Sony Pictures Entertainment have announced that they’ve reached an agreement with MGM to co-finance and theatrically market and distribute James Bond 23 worldwide.

Sony will release the next film in this iconic franchise on November 9th 2012 throughout the world, except for select international territories where MGM will directly oversee distribution. The deal includes the same arrangement for the twenty-fourth Bond film when it goes into production.

The studios are expected to explore co-financing opportunities on other future motion pictures produced by each of the respective studios for the next five years.

Sony released “Casino Royale” and “Quantum of Solace”, the Daniel Craig-led recent entries which had record-high grosses for the franchise.