While MGM’s forthcoming films will be distributed internationally by Warners, Bond 26 is excluded from the deal.
MGM has announced that the Amazon owned studio’s international releases will be handled by Warner Bros. in place of Universal. However, the new arrangement excludes Bond 26, although Warners will handle Bond 27. According to Variety:
MGM and Warner Bros. Picture Group will collaborate on marketing and advertising, publicity, film distribution and exhibitor relations on behalf of MGM’s future slate of theatrical releases outside North America (including China), with the team at Warners responsible for execution. The new agreement also includes worldwide physical home entertainment distribution on all newly released MGM titles.
Universal helped No Time to Die to earn $613 million internationally and while there is no mention of which studio will be responsible for Bond 26’s international distribution it seems likely to be Universal. Presumably their deal with MGM was for two Bond films.
Source: Variety
Update: 16 August, 10:50 CEST: Deadline understands the deal is for three years, a timeframe during which it seems unlikely that we’ll see Bond 26, let alone Bond 27 so it’s a bit of a moot point for the time being.