In a new interview, Timothy Dalton, who played the infamous agent in “The Living Daylights” (1987) and “License to Kill” (1989), reacted to the news that Amazon MGM Studios gained creative control over the film franchise after producers Barbara Broccoli and Michael G. Wilson announced they would be taking a step back.

It's taking around $1 billion to have James Bond stewards Barbara Broccoli and Michael G. Wilson cede oversight to Amazon MGM Studios, sources say.

The studio will form a new joint venture with producers Michael G. Wilson and Barbara Broccoli to house the series' intellectual property rights.

Barbara Broccoli and Michael G. Wilson have signed creative control over the James Bond franchise to Amazon MGM Studios.

The studio will take the reins for the 60 year-old movie property, while Michael G. Wilson and Barbara Broccoli will remain co-owners as they move to the sidelines as part of a joint venture transaction.

The James Bondseries has lasted for over 60 years, with several brilliant actors including Sean Connery and Roger Moore taking on the titular role. The franchise has been under the steady leadership of producers Barbara Broccoli and Michael G Wilson,

Uncertainty over the famed franchise has started to take on a new form thanks to Amazon-MGM’s James Bond deal seeing long-time stewards Barbara Broccoli and Michael G. Wilson handing over the keys to their family’s kingdom.

Last week, franchise owners Barbara Broccoli and Michael G. Wilson revealed that they'd be stepping back creatively from the franchise