Warner Bros. will release MGM films internationally, with the exception of "Bond 26"

MGM has parted ways with Universal Pictures for international film distribution.

In a joint press release, MGM announced that Warner Bros. will distribute its next films abroad. However, the pact does not include 'Bond 26', the next chapter in the James Bond series, as well as director Chinonye Chukwu's historical drama 'Till' (scheduled for October 14) and 'Women Talking' (December 2). . Universal Pictures International is handling the rollout of these films outside of the United States under a previous distribution agreement between the two companies.

As part of their former deal, Universal had helped MGM steer pandemic-era releases like Ridley Scott's star-studded crime drama "House of Gucci" to $100 million overseas. Paul Thomas Anderson's $15 million coming-of-age story "Licorice Pizza" (which is impressive since the film only made $17 million in the United States), and "No Time to Die,” Bond’s 25th entry, grossing $613 million internationally. Before landing at Universal, Sony Pictures International distributed the first four installments of 007 starring Daniel Craig as the suave super spy. With the new arrangement, Warner Bros. will be responsible for Bond 27 and beyond - although that may take some time. Longtime Bond keepers Barbara Broccoli and Michael G. Wilson have yet to announce a successor to Craig, who hung up his suit in "No Time to Die."

Former MGM executives Michael De Luca and Pamela Abdy, who were recently named co-chairmen and CEOs of Warner Bros. Pictures Group, have reached the agreement with MGM chief executive Christopher Brearton. The partnership between MGM and Warner Bros. will debut with filmmaker Luca Guadagnino's cannibalistic thriller "Bones and All," which premieres Nov. 23, as well as Michael B. Jordan's directorial debut "Creed III," slated for March 3, 2023.

Under the terms of the agreement, MGM and Warner Bros. Picture Group will collaborate on marketing and publicity, publicity, film distribution and exhibitor relations on behalf of MGM's future slate of theatrical releases outside of North America (including China) , with the Warners team responsible for the execution. The new deal also includes worldwide physical home entertainment distribution on all new MGM titles.

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