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NOTEBOOK – ONE GOOD READ: A look at the family that owns a share of the Bond franchise

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Like James Bond movies? Then you’ll love a piece by The Hustle’s Mark Dent who writes about the family who secured a cut of the Bond movie rights in 1961 and have since raked in hundreds of millions of dollars from the franchise. The name of the family patriarch? Albert “Cubby” Broccoli.” And with a name like Cubby Broccoli, the backstory of how he secured the movie rights has to be good, right? Absolutely. Broccoli, a Long Island native whose Italian descendents raised broccoli, befriended Howard Hughes in a bar, writes Dent. Hughes gave Broccoli a break as an agent for movie stars. Eventually Broccoli connected with a man who had purchased the movie rights to all Bond novels (except “Casino Royale”). Broccoli convinced the man to give Broccoli a 50% cut of the Bond rights in exchange for using connections to seal a major film deal, writes Dent. The first Bond movie in which Broccoli was involved was “Dr. No.” It grossed $16 million, the seventh best showing for any North American film in 1963, according to Dent. Broccoli reportedly earned between $5 million and $10 million from the film. In 2012, Bond film “Skyfall” took $1.1 billion at the box office. The family of Broccoli, who died in 1996, made an estimated $109 million off the film, according to The Hustle. “We’re not out to capture the Academy Awards,” Broccoli told The New York Times after “Moonraker” premiered in 1979. “We’re out to make an entertainment.”

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