MGM announces next James Bond movie

Get ready for a new James Bond movie…within three years. The announcement for the 24th installment of the 50-year-old franchise was made Tuesday.

According to Reuters, Agent 007 will be returning to the big screen sometime in the next three years. A director to replace Sam Mendes (Skyfall) is under way since he decided not to come back.

"We are very excited about the franchise, we look forward to announcing a director soon," said Gary Barber, MGM chairman and chief executive officer.

Barber is also on the hunt for a new writer to scribe the latest mission for 007. Oscar-nominee John Logan (Gladiator) has been reached out to.

"We are currently developing the screenplay and working with our partners,” Barber said. “We are hoping within the next three years it will be released."

Leading man, Daniel Craig, is signed on to star as the suave agent for another two films, reports E! That means Craig will be 48 the next time he plays 007. That is the same age Roger Moore was when he helmed the tuxedo in The Man With the Golden Gun. Moore went on to star in five more James Bond movies.

Veteran producers of the franchise, Barbara Broccoli and Michael G. Wilson are working to get the newest Bond movie made. If MGM holds true to their word of releasing the movie within three years, it won’t be as long as we had to wait for Skyfall. There was a four-year gap for production between Quantum of Solace and Skyfall.

Skyfall was a huge hit for MGM, which grossed $1.1 billion worldwide at the box offices.

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