Debt-ridden MGM close to deal for return of Bond
THE beleaguered Hollywood studio Metro-Goldwyn-Mayer is close to sealing a deal which would allow Daniel Craig to return to the screen as James Bond.
Wrangling over the fate of the debt-ridden studio had thrown its plans to make new films, including the next 007 adventure, into disarray.
The 23rd Bond movie had been due for release in 2012, the 50th anniversary of Ian Fleming's spy character's first outing in 'Dr No'.
The producers, Michael G Wilson and Barbara Broccoli, said earlier this year that work had been halted indefinitely because of uncertainty about MGM's future.
MGM's problems also cast a shadow over plans to film 'The Hobbit'.
The studio is now on the verge of a deal with Spyglass Entertainment, which was responsible for films including 'The Sixth Sense' and 'Memoirs of a Geisha'.
The deal is expected to go through within days and Spyglass would be likely to concentrate on pushing through the Bond and Hobbit movies. (© Daily Telegraph, London)