The latest film will be called Bond 23 and will be released on November 9, 2012. Oscar-winning director Sam Mendes will head the film.
Bond 23 will be a continuation from the last Bond film, Quantum of Solace, the report said.
With Craig’s return, it will be his third Bond movie. Judi Dench will also play her recurring role as M.
"I think I'm going to be needed in spring of 2011," she told MTV News. "That's a message I got. It would mean I could do something at the end of next year, something else, maybe in the theater."
The movie wasn’t without its difficulties. For several months, production of the movie was delayed due to MGM’s bankruptcy problems.
The movie company was able to come to an agreement with Spyglass Entertainment to get production underway, Entertainment Weekly reported.
