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Next James Bond movie with Daniel Craig due out within 3 years

Director Sam Mendes announced he would not be signing on for the next Bond film.
James bond 50 years daniel craig skyfallEnlarge
Daniel Craig attends a photocall with cast and filmmakers to mark the start of production on the 23rd Bond film "Skyfall" at Massimo Restaurant and Oyster Bar on November 3, 2011 in London, United Kingdom. The film was to open November 9, 2012. (Ben Pruchnie/AFP/Getty Images)

Movie studio MGM said the next James Bond movie will be released "within three years."

In a conference call with investors, MGM Chairman Gary Barber said "We are very excited about the franchise, we look forward to announcing a director soon," Reuters reported.

"We are currently developing the screenplay and working with our partners," Barber said.

Entertainment Weekly said director Sam Mendes announced he would not be signing on for the next Bond film.

Actor Daniel Craig, who starred in "Skyfall," has signed on for two more films but MGM did not officially confirm he will play the next 007.

That film has already grossed a record $1.1 billion.

More from GlobalPost: China censors chop references to prostitution, torture in 'Skyfall'

http://www.globalpost.com/dispatches/globalpost-blogs/hollyworld/next-james-bond-movie-daniel-craig-due-out-within-3-years