It's also because MGM and WB have co-produced a chunk of movies since The Hobbit trilogy. They've co-produced movies like If I Stay, Hot Pursuit, Max, Creed, the third Barbershop movie, Me Before You, and Everything, Everything, for example, and they're releasing the new Tomb Raider film soon.
Because both the franchise and MGM need a new long-term distribution and co-production/financing partner in another studio after the Sony deal died off, plus WB is supposed to be the perfect company for MGM to continue working with.
I'm still surprised EON and MGM hasn't finalized a deal with WB yet, especially after the latter moved Wonder Woman 2 to the same week as Bond 25's release, and that their parent company is having issues related to its merger with AT&T after it's being blocked by the U.S. Justice Department.
No one has told me whether MGM and Annapurna's new distribution joint venture would overshadow MGM's partnerships with other studios, whether the domestic releases of Bond 25 and Creed 2 might turn into joint releases between the MGM/Annapurna venture and one of MGM's studio partners, whether...
Man, I was expecting WB to handle all theatrical distribution and marketing; I wish this joint venture doesn't kill off MGM's other partnerships because I thought those partnerships were supposed to keep them afloat. Would the domestic release of Bond 25 be a joint co-release between...
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Maybe you're right, I think the Annapurna/MGM joint venture should only cover self-financed movies and co-productions between the two, while other movies would be handled by the larger studios, mainly the ones that require co-financing.
Didn't MGM just expand their slate to almost...
I recall reading at one point that MGM said they're looking for a more lucrative deal for the Bond film, so I believe they should still talk with WB about mulling the deal.
But, can MGM still collaborate with WB and other studios, even after they formed their joint venture with Annapurna...
I know that, but what I'm asking is, will Bond 25 still be picked up by any major studio willing to distribute (especially WB), and can WB still market and release Creed 2 worldwide?
Look, I'm sure Bond is too large for Annapurna to get their hands on since they mainly produce and/or release small-scale fare, so the scale of the franchise is more suitable for a larger studio like WB. But you've got to be patient.