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James Bond’s ‘No Time To Die’ not to sell to OTTs

Recent rumors had suggested that ‘No Time To Die’, which brings back Daniel Craig as the iconic spy James Bond, was exploring a $600 million one-year licensing deal with an OTT platform but MGM, the studio behind the film, has now quashed all such reports saying the film is not for sale for direct digital release.

According to a piece in Bloomberg, streaming platforms including Netflix, Amazon and Apple, had been exploring the possibility of acquiring the film. It happened after the studio MGM and producer Barbara Broccoli decided to postpone “No Time To Die” again, and move it from its rescheduled November release date to April next year due to the ongoing pandemic.

MGM has reportedly lost between $30 million and $50 million due to the delays, said sources.

“We do not comment on rumors. The film is not for sale. The film’s release has been postponed until April 2021 in order to preserve the theatrical experience for moviegoers,” an MGM spokesperson told variety.com.

This is the fifth time Craig essays the role of James Bond. He started off with “Casino Royale” in 2006, and followed it up with “Quantum Of Solace” (2008), “Skyfall” (2012) and “Spectre” (2015).

The 25th installment of the franchise also features Rami Malek as the new Bond villain, Safin, and brings back Lea Seydoux as Dr. Madeleine Swann, Ben Whishaw as Q and Ralph Fiennes as M.

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Entertainment Latest News

‘No Time To Die’ to release earlier than expected

The release date of Daniel Craig’s upcoming James Bond film “No Time To Die” has been brought forward five days. It will now release on November 20 later this year instead of November 25.

The change in release date was shared on the official “James Bond” Twitter account. The move comes after “King Kong vs. Godzilla” was moved from November 20 to May 21, 2021, reports people.com.

“The return of old friends in NO TIME TO DIE. In cinemas 12th November UK, 20th November US,” read the tweet.

The 25th film of the franchise was initially set for release in November 2019 but the date was first pushed to February 2020 and then to April 2020, following the departure of the movie’s original director Danny Boyle. Boyle was replaced by Fukunaga.

Earlier this year, In March, it was announced that the film’s release date was being postponed until November due to the coronavirus outbreak.

“No Time To Die” is Craig’s fifth portrayal as James Bond. He has essayed the role in “Casino Royale” (2006), “Quantum Of Solace” (2008), “Skyfall” (2012) and “Spectre” (2015). It is being widely speculated that Craig will make way for a female Bond, to be played by Lashana Lynch, in the next film of the series.

“No Time To Die” also stars Lea Seydoux, Rami Malek and Ana De Armas.

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