20 Apr 2010

BREAKING NEWS : James Bond Filming Abruptly Stopped

Breaking news reaching me this morning concerning the ongoing MGM saga. Los Angeles Times is reporting that production and filming of the latest James Bond movie was abruptly stopped because on the uncertain situation around the future of debt-stricken MGM. A statement has just been released by the producers:

"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."
(Los Angeles Times)

It is not known if and when the production will resume. The new but still unnamed movie, which was to be the 23rd in the series based on the Ian Fleming hero, was due for release in 2011 or 2012, to coincide with the franchise's 50th anniversary. As we know The Hobbit is facing the same problems as the James Bond franchise as they are both own by MGM which is struggling to stay afloat in due to its $3.7bn debt. Apparently actors and film crew were already on location in Canada when the news was broken to them. This is not something I am happy to report as the destiny of The Hobbit is closely linked to MGM's future which at the moment does not look very rosy.