Yesterday Bankruptcy Court in the Southern District of New York approved MGM’s pre-packaged plan of reorganization, which clears the way for MGM and its subsidiaries to emerge from Chapter 11 (i.e., bankruptcy). MGM expects their plan to go into effect by mid-December which will place Gary Barber and Roger Birnbaum as co-CEOs of MGM and essentially wipe away nearly $5 billion in debt in exchange for majority equity in the new MGM.
“We only just got the news that we’re back on.” –David Arnold
MGM recently announced that new James Bond films starting with Bond 23 may be released every second year starting in November 2012. They also recently forged ahead on Peter Jackson’s The Hobbit by paying out (at least) $20 million to fund production of its two films.
Long-time Bond composer, David Arnold, recently commented to Film Music Magazine about the status of Bond 23 and what ideas he may have for the film saying, “I haven’t thought about it yet. We only just got the news that we’re back on. But ‘there’s many a slip twixt cup and lip’ So I will keep quiet until I get a script and then start writing ideas. I just hope the next one is as good as my favorites, as I think everyone does. And I’m always interested in what Daniel Craig brings to the part. But like most things with movies, if it ain’t on the page etc… All I can say is that I’m looking forward to a great script for it, alongside every other Bond fan in the world!”
Also Kate Winslet confirmed to The Daily Mail that Mendes is still on for Bond 23. “Sam is doing the next Bond film, all being well, and we’ll all be in England if that happens. It’s such a massive commitment for him and it’s not fair for him to commute backwards and forwards to New York from London. It would be impossible. The children will be there with me.” The Daily Mail also stated that Mendes and Bond producer Barbara Broccoli have already had meetings over casting. It should be taken with a pinch of salt, but it claims Broccoli saw the play Deathtrap twice to see Simon Russell Beale.