Nothing like a story by The New York Times to generate more questions about the future of the film 007.
What’s Barbara Broccoli thinking? Sony Pictures has released the last four Bond movies. Barbara Broccoli, the Eon Productions boss, had by all accounts a good relationship with Sony executive Amy Pascal. The Broccoli-Pascal relationship was noteworthy in a still male-dominated movie business.
Pascal is gone, losing her job as a result of the Sony hacks in 2014 (though having a producer deal at Sony).
One of the bidders to release Bond 25, according to The Times is Annapurna. It’s an “upstart” (The Times’ words) movie concern that is about to release its first film Detroit, a drama about the 1967 riots in that city.
Annapurna head Megan Ellison, 31, is a tech heiress who has been active in producing dramatic films. Could she forge a bond with Barbara Broccoli, who turns 57 in June, similar to the one Amy Pascal had?
Why is MGM and Eon Productions only seeking a one-film deal? Metro-Goldwyn-Mayer emerged from bankruptcy in 2010 a smaller company. It has been rebuilding gradually.
MGM spent much of 2016 negotiating with a Chinese buyer (still unidentified) but those talks didn’t pan out. MGM also has talked about selling stock to the public at some point.
MGM may yet see major changes. Keeping a distribution deal to Bond 25 only provides MGM executives flexibility for the future.
Why isn’t Walt Disney Co. interested in 007, according to the NYT story? Disney tends to think big. It spent billions to acquire both Marvel and Lucasfilm Ltd. (Star Wars) and is reaping the rewards as both crank out big hits.
Being the Bond film distributor means a lot of cost without a lot of profit. Sony, in its most recent deal, co-financed Skyfall and SPECTRE but only got 25 percent of the profits. MGM and Eon got more money than Sony did.
Bond fans may object, but for Disney releasing Bond movies would probably be more trouble than its worth. Disney would only get involved with 007 if it could buy everybody out and control it all, the way it did with Marvel and Star Wars.
Filed under: James Bond Films | Tagged: Amy Pascal, Annapurna, Barbara Broccoli, Bond 25, Eon Productions, Marvel Studios, Megan Ellison, Metro-Goldwyn-Mayer, Skyfall, Sony Pictures, SPECTRE, Star Wars, Walt Disney Co. | 1 Comment »