MGM cuts development of new James Bond film MGM has been having some financial difficulties and now it has cost them a film. Production on the new James Bond film was delayed indefinitely back in April and now it seems as if the film will never see the light of day.

The development on the entire movie has been canned, reports Ain’t It Cool News. The studio had already secured Sam Mendes to come on board to direct the film that was going to be written by Peter Morgan (“Frost/Nixon”).

Now we’ll just have to wait for some other studio to pick up this blockbuster.

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