There is increasing scepticism in the film industry that MGM will be able to resume filming on an upcoming James Bond movie.
Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, actor Daniel Craig has been left in the wings on the 23rd Bond movie.
Producers Michael Wilson and Barbara Broccoli have said they have no idea when work on film will resume and there has been no date set for release.
The latest Bond was due to have starred Daniel Craig as 007 for the third time.
James Bond is the longest running franchise in filmdom.
For all hard-core James Bond fans, this is sad news indeed. As the production of the upcoming James Bond movie has been suspended 'indefinitely'. The producers say that they had to temporarily abort the production process because of the uncertainty that is hovering over them, regarding the sale of MGM. The producers are feeling uneasy because the owner of the James Bond film franchise – MGM is facing a debt of $3.7 billion. So the company is up for sale, and has also gotten 3 bids for the company and Time Warner has bid $1.5 billion for the company.
The producers Michael Wilson and Barbara Broccoli said that they had no clue about when the production work on the 23rd James Bond movie would kick-start again. They also divulged that they had no idea about the release date of the movie either. Wilson and Broccoli, of EON Productions, said that, "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."
Earlier the 23rd James Bond movie, which stars Daniel Craig in the lead role, was supposed to be released in 2011 or in 2012.