Frank Mancuso Sr., Former Paramount and MGM Chief, Passes Away
Frank Mancuso Sr., who ran Paramount Pictures during one of its most profitable eras and later rebuilt MGM's United Artists label, died Thursday at…
MGM movies and franchises, from James Bond to the historic studio's classic film library.
Amazon's $8.5 billion acquisition of MGM closed in 2022 ostensibly for the library and the Bond half-stake, but for years Barbara Broccoli and Michael G. Wilson kept creative control of 007 walled off from Amazon's involvement. That changed in 2025, when Amazon MGM took over creative control of the Bond franchise, with Amy Pascal and David Heyman stepping in as producers and Denis Villeneuve announced to direct the next installment — the first time in the character's history that the Broccoli family isn't steering the films directly.
Our take: this is the single biggest shift in Bond's 60-plus-year history, bigger than any recasting, and the early signs — Pascal's taste and Villeneuve's pedigree — are more reassuring than a cynic would've predicted from a tech company taking the keys. But Amazon's MGM output elsewhere (Road House's 2024 remake, Rocky-adjacent Creed extensions) has leaned toward safe, algorithm-friendly swings rather than auteur risk, so Bond is the real proof of whether Amazon treats this as a prestige asset or a streaming-engagement machine.
Watch casting news for the next 007 as the real signal: a choice driven by Villeneuve and Pascal's creative instincts versus one clearly engineered for Prime Video engagement metrics will tell you which version of Amazon MGM is actually running this franchise.
Metro-Goldwyn-Mayer, better known as MGM, is one of Hollywood's founding studios, formed in 1924 and famous for its roaring-lion logo. After decades as an independent film powerhouse and several changes of ownership, MGM was acquired by Amazon in 2022, bringing its deep library and active franchises, most notably the James Bond series, under Amazon's media umbrella.
While MGM no longer operates as a fully independent studio, its brand continues on new theatrical and streaming releases, and its historic film catalog is a major content asset for Amazon's Prime Video service.
MGM becomes one of the most prestigious Hollywood studios, known for lavish musicals and an unmatched roster of contracted stars.
MGM begins distributing the James Bond series, which becomes one of the longest-running franchises in film history.
MGM passes through multiple owners and a 2010 bankruptcy restructuring while continuing to produce films and license its library.
Amazon completes its roughly $8.5 billion acquisition of MGM, folding its catalog and franchises into Amazon's broader media strategy.
Led the studio formed by the 1924 merger of Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures.
| Title | Year | Notes |
|---|---|---|
| The Wizard of Oz | 1939 | One of MGM's most enduring classic-era films |
| Dr. No | 1962 | First film in the James Bond franchise |
| Rocky | 1976 | Launched the long-running boxing franchise |
| The Silence of the Lambs | 1991 | Swept the top five Academy Awards |
| No Time to Die | 2021 | Daniel Craig's final film as James Bond |
| Founded | 1924, via the merger of Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures |
|---|---|
| Amazon acquisition (2022) | Amazon closed its acquisition of MGM for roughly $8.5 billion in March 2022 |
| Compared To | Key Difference |
|---|---|
| Warner Bros. | Both are century-old studios, but MGM now operates as part of Amazon's Prime Video ecosystem rather than independently. |
MGM's 1924 founding combined three separate production companies into one studio.
Amazon MGM Studios holds the James Bond film rights alongside Eon Productions, the Broccoli family's production company that has guided creative direction over the franchise since 1962.
MGM's extensive library of classic and modern films became part of Amazon's content catalog, bolstering Prime Video's offerings.
Yes, MGM continues to produce and release new films, now operating as a studio label under Amazon MGM Studios.
Amazon acquired MGM for roughly $8.5 billion, closing the deal in March 2022.
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