It’s been four years since Daniel Craig’s final outing as Bond, “No Time To Die,” hit theaters. Rumors about casting and directors have proliferated to the point some outlets reported that Aaron Taylor-Johnson had signed on to play Bond.

According to Variety, Broccoli and Wilson have formed a joint venture with MGM to house the James Bond intellectual property rights. Though they remain co-owners of the franchise, they have ceded creative control to the studio.