Aside from all of the troubles surrounding The Hobbit, the other franchise being affected by all of the issues that MGM has been going through is the James Bond franchise.
Back in April, we were informed that production on James Bond 23 was being put on hold indefinitely until issues surrounding the studio could be remedied. Now that indefiniteness is looking a little more infinite. According to AICN, the new James Bond is not on hold anymore, but now looks like the production has been completely killed off.
This would be devastating to fans of the franchise because it was shaping up to have all kinds of potential. Star Daniel Craig was set to return, a new and intriguing director in Sam Mendes (American Beauty, Road to Perdition) was locked in, and a solid writer in Peter Morgan (Frost/Nixon) had script duties. With the news that the project is dead in the water, all of them will move on to other films that they have lined up.
Does this mean we’ll never see James Bond again? No, not at all; James Bond will never ever die — that’s just the nature of the franchise. Nonetheless, no one knows when all this drama will be taken care of, and until that day, they had no choice but to throw it all away.
When the opportunity arises, they’ll likely go back out to cast and crew and see where things stand, but by that time there’s a real chance that a whole new group will have to be hired. And that would include Daniel Craig, who is a favorite among all of the Bonds.