Amazon MGM Studios, Michael G. Wilson, and Barbara Broccoli today announced that they have formed a new joint venture to house James Bond.

The studio will take the reins for the 60-year-old movie property, while Michael G. Wilson and Barbara Broccoli will remain co-owners as they move to the sidelines as part of a joint venture transaction.

Amazon will now control who will play 007, who will write the next script, and when the film goes into production—three critical pieces that had been held up by a yearslong stalemate.