MGM Emerging from Bankruptcy to Produce ‘James Bond 23’

Published 3 years ago by , Updated March 3rd, 2014 at 6:45 am,

mgm emerging from bankruptcy MGM Emerging from Bankruptcy to Produce ‘James Bond 23’

MGM Studios has seen some dark days of late, having barely been salvaged by filing bankruptcy. Their nearly insurmountable financial woes led to the delay of not only The Hobbit, directed by Peter Jackson, but also James Bond 23starring the blondest James Bond of all, Daniel Craig.

Recently, the studio went through a massive, thorough restructuring and was able to acquire $500 million worth of credit from JP Morgan, a good chunk of which will likely be spent on the follow-up to Quantum of Solace. MGM is expected to partner with Sony for co-financing, as it has done in the past with Casino Royale and Quantum.

2012 marks the fiftieth anniversary of the Dr. No (1962), the very first James Bond movie ever, which obviously makes it the perfect time to release a brand spanking new Bond movie. Thus, the studio will be attempting to lockdown its cast, director, and screenplay for the new movie as quickly as possible.

The studio previously announced (that is, before it almost imploded) that Peter Morgan, and frequent Bond collaborators Neal Purvis and Robert Wade, would be penning a draft of Bond 23. Purvis and Wade have worked on every James Bond film since The World Is Not Enough – for you forgetful filmgoers, that includes Die Another Day (gag), Casino Royale (awesome), and Quantum of Solace (gag) – the last two of which were rewritten, to some extent, by Paul Haggis.

daniel craig to star as james bond in james bond 23 MGM Emerging from Bankruptcy to Produce ‘James Bond 23’

Additionally, rumors for months have indicated that Sam Mendes (American Beauty, Revolutionary Road) is the frontrunner to direct the new movie. Now, Mendes is not a filmmaker known for his action-oriented filmmaking skills – the closest he has come to directing an action picture, in fact, would be the immensely dreary but incredibly well-made Road to Perdition, co-starring none other than Daniel Craig – but neither was Marc Forster, another typically art-house filmmaker, who helmed Quantum.

Hopefully, Mendes has a better time with 23 than Forster had with Quantum, which was plagued by A) a weak-as-the-dickens villain, B) a nearly non-existent story, C) a Ukrainian beauty painted orange to look Brazilian, and D) an obsession with (vomit-inducing) shaky-cam that would make Jason Bourne blush.

Quantum of Solace took the phrase “Shaken, not stirred” far too literally.

Then again, I’m more concerned that Neal Purvis and Robert Wade continue to be hired to write James Bond screenplays. The only good James Bond movie they ever had a hand in writing was Casino Royale, and as I said already, that was largely rewritten by Paul Haggis. What precisely is it about The World Is Not Enough, Die Another Day, and Johnny English that convinces Barbara Broccoli and company to have such unending faith in these guys?

Due to MGM’s restructuring, it’s unclear as to whether or not Peter Morgan, Purvis, and Wade are still on-board to write the new Bond film, or if Lady Gaga will be writing and performing the new Bond theme song (I sincerely hope that the latter is the case, as I’d love nothing more than to see some flashy, poppy Bond music a la Duran Duran’s A View to a Kill). That said, you can pretty much guarantee that Sam Mendes and Daniel Craig will be pursued by the studio in the coming months, if they aren’t locked already.

MGM is still technically under bankruptcy protection for a few more months. Keep your eyes on Screen Rant’s main page for more MGM and James Bond 23 news as we get it.

Source: Variety

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TAGS: james bond

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  1. Can they please release The Cabin in the Woods first?

  2. Enough about Bond, get RED DAWN released in 2011.

    • I’m not interested in either of those tbh.

  3. I really enjoyed Casino, and to a lesser degree Quantum, but it sounds like this is MGM’s last shot. Create a poorly-fashioned Bond, and it’s lights out for the studio.

    IMHO, Bond 23 needs to do the following:
    - Improve on the gritty nature of Casino without confusing the audience with wild and implausible plot lines. Make it a straight-up spy film, with great character development, sprinkled with action scenes like Quantum’s first 10 minutes, and you’ll have a winner.
    - Give us a bad guy we can really hate. What the hell happened with Quantum? My cat could have beat that guy. We need a real baddie, someone who can both push Bond to his limits while preparing the audience for the next phase: transition.
    - Create a seamless transition to Dr. No. I think it’s important that we at some point see some connection to those earlier films, even if their tone is wildly different. Imagine if Bond vanquishes Quantum only to see a more ruthless Specter rise from the ashes, or if Q were to appear in some form to provide Bond with necessary munitions.
    - Continue the character development of Bond from a blunt instrument into the cool customer in Dr. No. Again, good character development is essential. Make him fallible, but demonstrate that Craig’s and Connery’s Bonds are one in the same.

    For many people, the idea of Bond reborn and the current leadership in charge of the franchise do not seem well-suited. I can only hope that a committment to the health of the franchise (and the financial rewards of creating a box office winner) will motivate Purvis and Wade to close this trilogy by giving us fans both a great conclusion and a terrific beginning.

    • Soundtrackwhore is a genius.

      Couldn’t have said it better.

      I say, let’s expect good things. Although some of the missteps and their faith in Wade and Purvis leave me scratching my head at times, Lord knows Broccoli and company aren’t new at this.

      Now, if only they’ll listen to your comments.

  4. Christopher Nolan should get on this

    • Intriguing.

    • He’s already said that a Bond movie is one he’d like to direct.

    • yeah agreed on that

    • Amen hallelujiah.

      I can’t think of anything that would ensure the franchise’s success more.

      Nolan is a certifiable genius. For my money, he’s the best film director alive in the world today. Peter Jackson, close second.

    • Realizing the rule of no personal attacks, I say the following with all respect due to Ben Moore: in his above commentary, he states that one of the faults of Quantum of Solace was using a Ukranian beauty to play a Brazilian…in fact Olga Kurylenko played a Bolivian, not Brazilian, character. If it wasn’t for such an blatant oversight of storyline fact, I might consider Mr. Moore’s point of view. However, such oversight should make anyone question Mr. Moore’s sincerety; he sounds more bent on slamming a decent attempt at a Casino Royale follow up than paying attention to the entertaiment value that such films provide.

  5. I’m not going to talk about QOS again, I think I’ve fully exhausted my complete and utter hatred for what is the worst Bond film of all time.

    My top 5 Bond films.

    Thunderball
    On Her Majesty’s Secret Service
    For Your Eyes Only
    The Living Daylights
    Tomorrow Never Dies.

    Feel free to attack my personal opinions.

    • I also enjoy On Her Majesty’s Secret Service, I would definately rank it in my top 3 if not number one……I don’t know I just really like that one!!

      • Because it has a great story, some genuine drama, the action set pieces are ace, Dianna Rigg was hot, and Lazenby was great in the role despite what people say.
        He had the unfortuante task of following Connery.

        If Lazenby had stayed in the role, the original script for Diamonds Are Forever would have been used instead of the version they retooled for Connery, and that original script was amazing, brutal and funny. it would have been one of the best Bond films instead of one of the worst!

        • Looove On Her Majesty’s Secret Service. My favorite, hands down.

        • John Barry’s score didn’t hurt either! Of the few Bond films that used instrumentals as intros I liked this one the best.

  6. If my movie company had everything riding on a single roll of the dice I would go to my proven franchise, Bond, first. So far so good. But would I then hire a director who shows no previous aptitude for the genre and who has been on a long slow slide since his first well received but never quite repeated success? Such a risk. Do they (MGM studio heads) confuse themselves with James Bond?

  7. How about what would Steven Spielberg do with a Bond Movie?

    Top 5:

    From Russia with Love
    Thunderball
    For Your Eyes Only
    On Her Majesty’s Secret Service
    Casino Royal

  8. Isn’t it about time we had a Christmas themed Bond movie? Nog Martini anyone?

  9. Please NO Lady Ga Ga doing a James Bond soundtrack !!

    Casino Royale was a great Bond film ….. but a weak title song

    Quantum of Solace had an even worse title song.

    Bond songs should have a bit of class and sophistication to them and NOT be some weak, repetitive techno crap !

    • Agree 100%. Well said.

  10. I’m not as crazy about OHMSS as you guys. One of my least favorites, actually.

    And I think Tomorrow Never Dies was the worst Brosnan film and one of the worst of all time.

    Guess there’s no accounting for taste.

    My 5:

    Octopussy
    Casino Royale
    Goldeneye
    The Man With The Golden Gun
    The Living Daylights

  11. good points all around. and i know that everyone has a favorite bond film and a least favorite bond film. just as they have people they’d love to see play a villian, bond girl, director, title song writer/singer. but this is my opinion of top five bond films.

    in random order they are
    From Russia With Love
    For Your Eyes Only
    Licence To Kill
    The Living Daylights
    Tomorrow Never Dies

    my five least favorite
    Die Another Day
    A View To A Kill
    The Spy Who Loved Me
    Thunderball
    Live And Let Die

    there you ago. dig in and attack. i know some of you are going why is Thunderball on the least favorite list. the answer is i just think that it moves to slow. even though i admit the underwater scenes are awesome. as for why Tomorrow Never Dies is on the favorite list, well it was the first one i saw on the big screen. plus i generally like it. so there.

    i also think that spielberg and nolan would make excellent future directors. i’d also like to see martin scorcese direct.

    as far as performers for title songs i’d say cold play, u2(yes i know they wrote Goldeneye), maybe a orchestra piece like in Dr.No, From Russia With Love, On Her Majesty’s Secret Service, by somebody by the trans siberian orchestra, oh i also think that norah jones could be good.

  12. Realizing the rule of no personal attacks, I say the following with all respect due to Ben Moore: in his above commentary, he states that one of the faults of Quantum of Solace was using a Ukranian beauty to play a Brazilian…in fact Olga Kurylenko played a Bolivian, not Brazilian, character. If it wasn’t for such an blatant oversight of storyline fact, I might consider Mr. Moore’s point of view. However, such oversight should make anyone question Mr. Moore’s sincerety; he sounds more bent on slamming a decent attempt at a Casino Royale follow up than paying attention to the entertaiment value that such films provide.

    • Wow, really? THAT invalidates his entire opinion? Because a Bolivian and a Brazilian character are SO completely different. Let’s see… where’s Bolivia again? Oh yes, right NEXT to Brazil.

      Sheesh.

      Vic

  13. The last Bond villain who made any impression was Elliott Carver who was played expertly by Jonathan Pryce. I think that Bruce Payne would be excellent Bond villain if they can get him on board.