The Borneo Post

Apple and Amazon compete for James Bond film rights

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NEW YORK: The fi lm franchise features Bond, James Bond. And Apple Inc and Amazon. com Inc have joined a bevy of suitors bidding for distributi­on rights for the lucrative movies depicting the exploits of Britain’s famed fictional spy, the Hollywood Reporter said on Wednesday.

Mega-retailer Amazon.com and iPhone maker Apple are hoping to gain a strong foothold in Hollywood. Their competitio­n for the Bond fi lm distributi­on rights includes Time Warner Inc’s Warner Bros, Sony Corp, MGM, Comcast Corp’s Universal Pictures, and 20th Century Fox, according to the Hollywood Reporter.

Amazon and Apple are willing to pay about the same amount for the rights as Warner Bros, the magazine said, citing anonymous sources. It did not give a fi gure.

The Bond franchise is worth between US$ 2 billion and US$ 5 billion, an industry insider, speaking on condition of anonymity, told the Hollywood Reporter.

Apple and Amazon were not immediatel­y available for comment.

Sony previously owned the distributi­on rights, but they expired with the 2015 release of the latest Bond fi lm, “Spectre.” That movie took in about US$ 880 million at the global box office, according to fi lm tracker BoxOfficeM­ojo.com.

James Bond, created by British author Ian Fleming, fi rst burst onto the silver screen in 1962 in the hit “Dr. No,” starring Sean Connery as the British secret agent. A plethora of Bond fi lms followed, starring Connery and several actors who succeeded him in the role, including Roger Moore and Pierce Brosnan. Bond has most recently been played by Daniel Craig.

Amazon has been spending billions of dollars to create and license TV shows and fi lms. Earlier this year, company unit Amazon Studios scored a bestactor Oscar for Casey Affleck’s portrayal of a grieving man in the movie “Manchester by the Sea.” The movie also won an Academy Award for best original screenplay.

Apple, which is relatively new to the world of original content, began a long- awaited move into television in June with a reality show called “Planet of the Apps.” — Reuters

 ?? — Reuters file photo ?? Craig poses during a photocall for the new James Bond film ‘Spectre’ in central London, on Oct 22, 2015.
— Reuters file photo Craig poses during a photocall for the new James Bond film ‘Spectre’ in central London, on Oct 22, 2015.

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