Tomorrow Just Died for James Bond

MGM announced Monday that the 23rd 007 film is nothing but a pipe dream right now, thanks to the studio's shaky financial situation.

"Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, we have suspended development on BOND 23 indefinitely," Casino Royale and Quantum of Solace producers Michael G. Wilson and Barbara Broccoli said in a joint statement. "We do not know when development will resume and do not have a date for the release of BOND 23."

The sequel was previously scheduled for release in late 2011 or in 2012 to coincide with the franchise's 50th anniversary. Director Sam Mendes had been helping develop the script with an eye toward potentially directing the movie. A production start date had not been set.

MGM had no official comment on the development. But a person close to the studio, who wasn't authorized to talk about it on the record, said, "It was not unexpected given all the uncertainty and the ongoing process." Broccoli and Wilson, who took over the Bond franchise in 1995 from Albert "Cubby" Broccoli, Broccoli's father and Wilson's stepfather, could not be reached for comment.


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Thanks to Mario T.C. & "Mazer" for the heads up.