Bond is back. In 2012, the legendary British spy will return with the 23rd installment in the James Bond series, tentatively titled BOND 23, MGM, which owns the rights to the franchise, exclusively told Deadline.com. Production is set to start in late this year and actor Daniel Craig will reprise his role as Agent 007. American Beauty’s Sam Mendes will direct the film, written by Neal Purvis, Robert Wade, and John Logan. The last Bond movie, Quantum of Solace, was released in 2008 and directed by Marc Forster.