Daniel Craig"The name's Bond. James Bond," and he is coming back to the big screen. Daniel Craig is set to return as the legendary British spy in the 23rd installment of the movie franchise.

Rumors circled around the possible end to the series with the last movie 'Quantum of Solace,' after the latest installment was shelved for nine months due to MGM Studios' money problems.

The news of the return was confirmed yesterday, and the production of the movie is set to proceed with director Sam Mendes at the helm and a Nov. 9, 2012, release date.

Currently there is no word on where Bond or the storyline will go. But it's possible the story will delve into the mysterious "Quantum" organization that terrorized Bond and the women he loved throughout the previous two films.