Friday 19th March is the deadline for bids for troubled studio MGM. Six bidders were invited to take part, including Time Warner and Lionsgate, although it appears that two others – Liberty Media Corp. and hedge fund Elliott Management Corp. – have withdrawn.
While pre-production on Bond 23 was put on hold until the auction was over, initially anticipating a return to work in February, there are at least some signs of hope. MGM is also the studio behind The Hobbit, which according to Sir Ian McKellen will start shooting in July.
If that project has been given the green light, surely it can’t be too long before another sure-fire box office winner is also given the go-ahead.
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