Earlier this week, rumours claims that No Time To Die was “increasingly likely” to head to streaming and skip cinemas entirely. Now it’s been reported that MGM offered the James Bond film for a one year license fee of $600 million to the likes of Netflix, Apple and Amazon. According to Variety, the studio has lost between $30-50 million due to the Daniel Craig movie’s four delays.
The outlet’s multiple insiders at rival studios and companies said MGM were therefore open to the possibility of Bond going to streaming on a deal of around that $600 million figure.
However, Deadline’s source reports that the streaming giants were not willing to put up more than $300 million.
While allegedly Bond producer Barbara Broccoli of EON productions “flatly nixed the deal” that MGM was exploring.
Despite conversations taking place in late September, MGM have said that No Time To Die is not for sale.
READ MORE: Next James Bond: Barbara Broccoli on ‘REIMAGINING’ after Daniel Craig
James Bond: No Time To Die ‘$600 MILLION sale to streaming talks died’ – but there's MORE (Image: UP)
Daniel Craig as James Bond in No Time To Die (Image: UP)
While MGM also affirmed that the new James Bond movie is still set for released in April 2021, “in order to preserve the theatrical experience for moviegoers”.
Nevertheless, Deadline pointed out: “It is also conceivable that if a vaccine doesn’t materialise by the middle of next year, that the wisdom of a big bucks streaming bow for Bond might look much better.”
Of course, the MGM talks with streaming services was just over the film’s North American rights.
Universal Pictures is the international distributor for No Time To Die, so presumably the studio would have to be persuaded to move to PVOD too.
No Time To Die poster (Image: UP)
It’s worth pointing out that just a few months ago, No Time To Die potentially moving yet again to 2021 from its November 2020 release date was considered by some to be “just rumours” until it