Next Bond Film Set For November 2012
James Bond’s future is beginning to look a little rosier. Now that MGM is finally nearing a settlement, which will see Spyglass Entertainment buy-out the trouble-ridden studio, the British spy’s next feature has been scheduled for a November 2012 release.
MGM had filed for Chapter 11 bankruptcy after a failed bid from Lionsgate was rejected but with Spyglass looking like they’re going to take the reins of the company, MGM bosses are now able to reassess the status of their most valuable assets which include The Hobbit.
The deal is particularly significant as it means that MGM’s $4 billion debt will be wiped and production able to continue on several projects including the 23rd Bond movie and The Hobbit. However, bosses will be looking to split production costs with another studio in order to fully finance the projects.
From 2012 onwards, MGM are expected to release a new Bond film every two years with Daniel Craig set to play Bond for the foreseeable future.