Bond 23 would come out “in November” if the head of MGM’s Worldwide Motion Picture Group had her way, according to a Reuters news report, although she certainly meant November 2011.
One of the charges levelled at MGM is that its older management was just too laid back, while since Mary Parent came on board things are starting to change.
However, that hasn’t helped the studio recruit a new chief executive. Studio lenders have reportedly tried to lure Jonathan Dolgen, Peter Chernin and Bill Mechanic into the role of CEO as part of a plan to involving a financial and management restructuring that would see the studio through the next few years, when – it is hoped – MGM’s value would have recovered.
Until the situation is resolved Bond 23 – and other productions, such as The Hobbit – will remain gathering dust.