Ever since the release of the 24th James Bond movie Spectre, rumors have swirled about star Daniel Craig, regarding whether or not he will be back to star as 007 in James Bond 25. A few days ago, we reported that Tom Hiddleston has entered early talks to replace Daniel Craig as James Bond, but his involvement has yet to be confirmed. Today we have word that Skyfall and Spectre director Sam Mendes will not be returning to the helm for James Bond 25.

Associated Press caught up with the filmmaker, who confirmed that he will not be directing the new 007 movie. Eon Productions, which produces all of the Bond movies, has yet to confirm whether or not Daniel Craig will be back, but even if he does return, the actor will be directed by a new filmmaker. Here's what Sam Mendes had to say in his interview below.

"It was an incredible adventure, I loved every second of it. But I think it's time for somebody else."

As for the rumors of Daniel Craig leaving the franchise, the filmmaker wouldn't clarify who will be the next James Bond. The director would only say that producer Barbara Broccoli will decide who the next Bond is, stating "It's not a democracy." Tom Hiddleston has emerged as the favorite for the role, but others have expressed interest such as Jamie Bell and Idris Elba, who has become a fan-favorite for the role.

Earlier this month, we reported that producers were eager to get Daniel Craig back in that iconic tuxedo to the tune of 68 million pound. Which almost equates to $100 million in the states. This news arrives just days after bookmakers called off all 007 bets, with Thor star Tom Hiddleston reportedly securing the role. Thus far, Craig is the highest paid actor to have ever played the role, netting 38 million pounds for the first four movies, which includes 2006's Casino Royale, 2008's Quantum of Solace, 2012's Skyfall and last year's Spectre.

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It also isn't clear who will distribute the new 007 movie. Sony Pictures' deal with MGM and Eon Productions ended after Spectre, and it's believed that Sony and Warner Bros. are in the running for a new distribution deal, but nothing is set in stone yet. As for Sam Mendes, it isn't ultimately clear which project he'll take on next, but he stated he wants to return to making stories with new characters. Stay tuned for more on James Bond 25 as more updates come in.