No Time To Die to Stay Theatrical Despite Amazon-MGM Talks

Amazon’s discussions to purchase MGM will not affect the release plans for No Time To Die, according to the latest report. It was reported last week that Amazon was in discussions to potentially purchase the 97 year-old media company and according to Deadline, both sides are still active in negotiations with an aim to get the deal done soon. That said, the site reports that said discussions won’t disrupt the release plans for the 007 film or any other scheduled MGM release.

The discussion is currently said to be for a potential price range around $9 billion, One source noted that attorneys for several producers have spoken with MGM’s business people, adding that if Amazon does acquire the studio it won’t disrupt any deals for the release slate. MGM’s current 2021 schedule is:

* Respect (Aretha Franklin biopic): August 13th
* The Addams Family 2: October 1st
* No Time to Die: October 8th
* House of Gucci: November 26th
* Untitled Paul Thomas Anderson feature: November 26th
* Cyrano: December 24th

No Time to Die in particular is assured a big-screen release, as producers Barbara Broccoli and Michael G. Wilson are adamant against a streamer release and Broccoli shot down a streaming release last fall.

There’s no word on whether the 2022 theatrical slate would go to theaters, Amazon Prime, or a hybrid day-and-date combo. There is still a lot to figure out and the deal is not yet assured. MGM’s film library consists of 4,000 films, 17,000 hours of TV and premium cable network Epix.