A statement said Broccoli and Wilson will “remain co-owners of the franchise” as part of a new joint venture but Amazon MGM Studios “will gain creative control”.

Wilson, 83, said: “With my 007 career spanning nearly 60 incredible years, I am stepping back from producing the James Bond films to focus on art and charitable projects.

“Therefore, Barbara and I agree, it is time for our trusted partner, Amazon MGM Studios, to lead James Bond into the future.”

Broccoli, 64, added: “My life has been dedicated to maintaining and building upon the extraordinary legacy that was handed to Michael and me by our father, producer Cubby Broccoli.

“I have had the honour of working closely with four of the tremendously talented actors who have played 007 and thousands of wonderful artists within the industry.

“With the conclusion of No Time to Die and Michael retiring from the films, I feel it is time to focus on my other projects.”

Cubby Broccoli launched the iconic franchise with co-producer Harry Saltzman, and was joined by Wilson as a producing partner for 1985’s A View to a Kill.

Barbara took over from her father to join Wilson as a producer for 1995’s GoldenEye, and the pair have overseen every Bond film since through their Eon production house.

They kept tight control of the character, but the deal raises the prospect of a rethink and an expansion of the franchise.