The next Bond flick will not be filmed in the Czech Republic, because bosses aren't happy with the meagre financial incentives the country is offering.

And the news comes straight from Vladimir Kuba, the head of Barrandov Studios, which is one of the oldest, largest, and most sought after film studios in Europe, who reveals that he was informed that Bond production company Eon would not be using it for the next movie in the series.

Eon confirmed that it would not be shooting in Prague, and that the new Marc Forster-helmed pic, which starts shooting in December, will be based at the UK's Pinewood Studios.

While Eon would not comment why it was choosing a new studio, Kuba admitted that it was the lack of Czech incentives that saw Bond bosses make their decision, reports Variety.

And, the move has industry bigwigs in the country worried, especially as Barrandov has also lost out on another high-profile Hollywood movie franchise "Hellboy".