Corona | Coming Attractions

Bad news for everyone that had been hoping to see the next James Bond movie anytime soon: due to the ongoing uncertainty surrounding the sale of MGM the producers of the Bond movie franchise have put on hold any further work on the next 007 film.

"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. We do not know when development will resume and do not have a date for the release of Bond 23," said producers Michael G. Wilson and Barbara Broccoli in a joint statement released to the world's press.

Now it will have to fall on the courts and MGM's buyers to decide when this project will begin to move forward again.