Denis Villeneuve, the Oscar nominated French-Canadian filmmaker, will direct the next James Bond film, Amazon MGM Studios has announced.

In a statement released by the studio, Villeneuve says he is a "die-hard James Bond fan" and intends to "honor the tradition" of the franchise.

Speculation has been swirling over the future of the 007 films after long-time Bond producers Barbara Broccoli and Michael G Wilson stepped down from their roles in February.

Villeneuve will also serve as executive producer of the new film and has received global acclaim for his recent take on the Dune franchise, along with hits such as Blade Runner 2049 and Arrival.

Amazon did not release details on the next actor to play James Bond in the announcement.