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MGM pushes back Bond film release date
Thu Sep 30, 2004 04:26 PM ET
By Steve Gorman
LOS ANGELES, Sept 30 (Reuters) - It looks like super-spy James Bond can keep his tuxedo in the closet for at least another year.
Metro-Goldwyn-Mayer Inc. (MGM.N: Quote, Profile, Research) , on the verge of being sold to a group of companies led by Sony Corp. (6758.T: Quote, Profile, Research) , has pushed back its target release date from November 2005 until sometime in 2006, a spokesman for the film studio said on Thursday.
He cited the failure so far to line up a director for the movie, which would mark the 21st installment of MGM's venerable film franchise.
MGM, which together with EON Productions owns the Bond movie rights and distributes the films, had insisted as recently as late July that a script was finished and the next film was on track to arrive in theaters in November 2005.
But without a director on board by summer's end, producers were not sure they could begin shooting as planned in January or February in order to make a November deadline for release, the spokesman said.
"We're not going to be the slave to a release date or shoe-horn it in so we can make a date," he said, adding, "We're still in the development process."
One factor in the delay has been MGM executives' preoccupation with negotiations leading to the recent deal for a Sony-led consortium to acquire the studio for about $2.85 billion plus debt, one insider told Reuters.
"We had plenty on our plates in the last few months," the source said. "Moving forward on Bond is always a process of agreement between us and EON, and that requires 50-50 agreement, and that's never a simple thing."
Another question mark is whether Irish-born actor Pierce Brosnan would return to star as the suave secret agent.
Brosnan, 51, who has portrayed agent 007 in four films starting with "GoldenEye" in 1995, told Entertainment Weekly magazine this summer he was through with the Bond franchise.
The MGM spokesman acknowledged that no one has been cast to play Bond and that Brosnan fulfilled his MGM contract with his appearance in the last Bond film, 2002's "Die Another Day," but has not been ruled out for a fifth picture.
All casting decisions will await the signing of a director. Among the filmmakers being discussed for the job are Paul McGuigan, who directed MGM's recent "Wicker Park," and Matthew Vaughn, Guy Ritchie's producing partner for "Snatch" and "Lock, Stock and Two Smoking Barrels."
The James Bond series, which began in 1962 with "Dr. No," starring Sean Connery as the fictional British spy first popularized in Ian Fleming's novels, is one of MGM's biggest assets. "Die Another Day" alone generated more than $425 million in worldwide ticket sales.
Thu Sep 30, 2004 04:26 PM ET
By Steve Gorman
LOS ANGELES, Sept 30 (Reuters) - It looks like super-spy James Bond can keep his tuxedo in the closet for at least another year.
Metro-Goldwyn-Mayer Inc. (MGM.N: Quote, Profile, Research) , on the verge of being sold to a group of companies led by Sony Corp. (6758.T: Quote, Profile, Research) , has pushed back its target release date from November 2005 until sometime in 2006, a spokesman for the film studio said on Thursday.
He cited the failure so far to line up a director for the movie, which would mark the 21st installment of MGM's venerable film franchise.
MGM, which together with EON Productions owns the Bond movie rights and distributes the films, had insisted as recently as late July that a script was finished and the next film was on track to arrive in theaters in November 2005.
But without a director on board by summer's end, producers were not sure they could begin shooting as planned in January or February in order to make a November deadline for release, the spokesman said.
"We're not going to be the slave to a release date or shoe-horn it in so we can make a date," he said, adding, "We're still in the development process."
One factor in the delay has been MGM executives' preoccupation with negotiations leading to the recent deal for a Sony-led consortium to acquire the studio for about $2.85 billion plus debt, one insider told Reuters.
"We had plenty on our plates in the last few months," the source said. "Moving forward on Bond is always a process of agreement between us and EON, and that requires 50-50 agreement, and that's never a simple thing."
Another question mark is whether Irish-born actor Pierce Brosnan would return to star as the suave secret agent.
Brosnan, 51, who has portrayed agent 007 in four films starting with "GoldenEye" in 1995, told Entertainment Weekly magazine this summer he was through with the Bond franchise.
The MGM spokesman acknowledged that no one has been cast to play Bond and that Brosnan fulfilled his MGM contract with his appearance in the last Bond film, 2002's "Die Another Day," but has not been ruled out for a fifth picture.
All casting decisions will await the signing of a director. Among the filmmakers being discussed for the job are Paul McGuigan, who directed MGM's recent "Wicker Park," and Matthew Vaughn, Guy Ritchie's producing partner for "Snatch" and "Lock, Stock and Two Smoking Barrels."
The James Bond series, which began in 1962 with "Dr. No," starring Sean Connery as the fictional British spy first popularized in Ian Fleming's novels, is one of MGM's biggest assets. "Die Another Day" alone generated more than $425 million in worldwide ticket sales.
