Fifty years later, the Bond franchise is astoundingly stronger than ever, as Skyfall joined the $1 billion worldwide club in December. MGM understandably wants to jump back into the series sooner than later, Collider said.

On a conference call with investors, MGM CEO Gary Barber promised: “We are currently developing the screenplay and working with our partners. We look forward to developing the script soon and signing a director. We are hoping within the next 3 years it will be released.”

Skyfall director Sam Mendes will not return, but Barber says they “look forward to announcing a director soon.” Mendes hatched a story idea with John Logan before he left, and Logan will stay on to write Bond 24. Daniel Craig is signed for at least two more films, so the immediate future of the Bond series is bright, according to Collider.