MGM and Danjaq announce acquisition of McClory's James Bond rights

Press Release
Los Angeles, CA (November 15, 2013) – Danjaq, LLC, the producer of the James Bond films, and Metro-Goldwyn-Mayer (MGM), the longtime distributor of the Bond films, along with the estate and family of the late Kevin McClory, announced today that Danjaq and MGM have acquired all of the estate’s and family’s rights and interests relating to James Bond, thus bringing to an amicable conclusion the legal and business disputes that have arisen periodically for over 50 years.

About Danjaq, LLC
Danjaq is the company that co-owns, with MGM, the copyright in the existing James Bond films and controls the right to produce future James Bond films as well as all worldwide merchandising. The 007 franchise is the longest running in film history with twenty-three films produced since 1962.

About Metro-Goldwyn-Mayer Inc.
Metro-Goldwyn-Mayer Inc. is a leading entertainment company focused on the production and distribution of film and television content globally. The company owns one of the world’s deepest libraries of premium film and television content. In addition, MGM has investments in domestic and international television channels.

About BakerHostetler LLP
The Estate of Kevin McClory was represented by Partner William K. Kane (Chicago) and Partner Adam Skilken (Chicago) of the law firm of BakerHostetler LLP.

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