3,784
 

James Bond movie CANCELLED



ADVERTISEMENT
 
topics gone triple plat - Number 1 spot 3X PLAT


most viewed right now
  81
28 replies  @movies


section  x1   |  0 bx goons and 1 bystanders Share this on Twitter       Share this on Facebook

section tv / movies
  
 11 years ago '06        #1
8404 page views
4 comments


Storchaveli  topics gone triple plat - Number 1 spot x4
avatar
Props total: 20227 20 K  Slaps total: 4251 4 K
James Bond movie CANCELLED
 

 
James Bond movie canceled: The next James Bond movie, that was set to star Daniel Craig once again in the iconic role, has been cancelled, say reports out of London.

The reason for the movie being axed? The studio is out of business due to crushing debt - hard to believe considering the amount of money they've made over the years!

In April, Reuters reported that the next James Bond movie had been cancelled "indefinitely" because the studio was put up for auction.

Michael Wilson and Barbara Broccoli, the producers of the Bond movies, said in a joint statement at the time, "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."

The 22 James Bond movies have sold $1.6 billion in box office tickets in the U.S. and Canada, putting the series at No. 3 on the list of most successful film franchises, according to tracking firm Box Office Mojo. he last film in the series, 2008's "Quantum of Solace," racked up a global box office of $586 million, and before that the 2006 movie "Casino Royale" made $594 million and introduced Craig as the new Bond, reported Reuters.

In November, UPI reported that movie studio MGM, facing major debts, was weighing its options for the future, including a possible sale.

Metro-Goldwyn-Mayer said in a statement it was "beginning a process to explore various strategic alternatives, including operating as a standalone entity, forming strategic partnerships and evaluating a potential sale of the company," Variety.com reported Friday.

The media company also said it reached an agreement with its lenders on a second extension on the forbearance of debt payments, delaying interest payments until Jan. 31.

"The lenders took this action in support of the company's ongoing efforts to develop and evaluate long-term strategic alternatives to maximize value for its stakeholders," MGM said of extending the forbearance beyond Dec. 15. "MGM appreciates the continued support of its lender group for the process it is undertaking."

Variety said there has been speculation MGM may sell off its profitable a*sets that include the rights to the James Bond film franchise and its ownership portion of the upcoming "Hobbit" films.

Stephen Cooper took over as MGM chief executive officer this summer as part of the company's attempts to restructure nearly $3.7 billion in debt.

 James Bond Movie Canceled

image image :banghead:



best
worst
4 comments
 



Sign me up
 
 

yesterday...


most viewed right now
+23online now  26
Article inside Safemoon
429 comments
2 days ago
@misc
most viewed right now
+46online now  24
Video inside Apr 20 - 2 Hours Ago, 15 Year Old Girl Was Shot 4x In The Chest By Ohio..
1120 comments
1 day ago
@news
most viewed right now
+29online now  16
Eagles Fan Edp445 full video of him getting caught at a meet up with 13 ye..
301 comments
23 hours ago
@sports
most viewed right now
+21online now  9
Video inside Greatest blackballed rappers of all time.
137 comments
1 day ago
@hiphop
back to top
register register Follow BX @ Twitter search BX privacyprivacy