Latest James Bond film on hold
April 20, 2010 10:50 a.m. EDT
Daniel Craig is the latest James Bond in the hugely popular movie series.
STORY HIGHLIGHTS
- Producers announced that still-untitled 23rd James Bond film is on hold
- MGM, studio that produces the Bond films, is looking for a new owner
- Bond series started in 1962 with "Dr. No"; last two films grossed $1.2 billion worldwide
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Los Angeles, California (CNN) -- The big-screen adventures of James Bond are on hold because of the financial woes of MGM, the studio that distributes the movies, producers said.
The 23rd Bond film was in pre-production for a release next year.
"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," producers Michael 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."
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