Washington, March 26 -- Amazon MGM has officially confirmed that Amy Pascal and David Heyman will produce the next 'James Bond' film, marking a significant shift in the franchise's production history.

The Hollywood Reporter confirmed that this will be the first Bond movie to be produced outside the Broccoli family's control.

Pascal, known for her work on the 'Spider-Man' franchise, and Heyman, the producer behind 'Harry Potter' and 'Fantastic Beasts', will take the helm under their respective banners Pascal Pictures and Heyday Films.

Their selection follows a major deal between Amazon MGM and long-time Bond producers Barbara Broccoli and Michael G. Wilson, who have overseen the franchise since the 1960s.

Courtenay Valenti, head of fil...