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James Bond sequel halted as MGM woes continue

James Bond has been put on ice as the producers of the long-running spy franchise figure out the next steps in light of the financial issues plaguing MGM Studios.

“Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, we have suspended development of ‘Bond 23′ indefinitely,” said producers Michael G. Wilson and Barbara Broccoli of Eon Productions. “We do not know when development will resume and do not have a date for the release of ‘Bond 23.'”

The sequel was on track for a late 2011 release, with Daniel Craig back in the lead role and director Sam Mendes behind the camera. MGM had no official comment on the development, but L.A. Times reporter Claudia Eller writes that MGM’s lenders, coping with $3.7 billion in debt, “have been pushing for either a sale of the company or a restructuring with an infusion of capital to remain a stand-alone operation.”

Will Bond survive? And if the legendary agent with a license to kill does make another adventure (which is very likely), will it be under the MGM umbrella? Stay tuned.

About Sean O'Connell

Sean O'Connell is a nationally recognized film critic. His reviews have been published in print ('The Washington Post,' 'USA Today') and online (AMC FilmCritic.com, MSN's Citysearch) since 1996. He's a weekly contributor to several national radio programs. He is a longstanding member of the Broadcast Film Critics Association (BFCA), the Online Film Critics Society (OFCS), and the Southeastern Film Critics View all articles by Sean O'Connell Association (SEFCA).

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One Comment

  • April 20, 2010 | Permalink |

    the last bond movie seem to hire some really less desirable people of color! simply put i feel they hire only people who they feel comfortable with making the white person being more appealing! their view of people of color quite frankly has allways been negative.even when halle’s roll was done so well they refused to write it back in..

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