What’s next for MGM?

Variety published an article on Sunday regarding the survival struggling studio MGM, crippled by $3.7 billion debt. The studio is currently is the early stages of being auctioned off, with debt repayments suspended for now and one possibility that MGM is broken up and its assets – including the James Bond back catalogue – are sold off.

This last possibility would almost certainly mean an end to MGM and the familiar roaring lion at the beginning of its films.

While the article comments on what we already know – that development on Bond has started with Peter Morgan, Neal Purvis and Robert Wade hired to write the script – it makes no mention of what the studio’s collapse would mean for the film.

As MGM effectively bankroll Eon Productions’ Bond movies, it would surely mean a delay to Bond 23.

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