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Tuesday, 27 July 2010 - James Bond producers worried by indefinite delay |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Migrants sell up, flee Arizona ahead of crackdown 25 Jul 2010 N Dakota, Alaska lead US job creation, study says 26 Jul 2010 Russia attacks Iran's verbal assault on Medvedev 26 Jul 2010 Europe's prospects brighten as U.S. fades 25 Jul 2010 Examiner finds evidence of "dishonesty" in Tribune sale 1:18am EDT Short Stocks: Bets build against YRC, Marvell 26 Jul 2010 Home sales surge in June with inventory at 42-year low | Video 26 Jul 2010 Obama asks Senate to pass bill on ad disclosure 26 Jul 2010 UK Stocks -- Factors to watch on Tuesday July 27 2:00am EDT Antarctic octopuses found with cold-resistant venom 22 Jul 2010 Migrants sell up, flee Arizona ahead of crackdown 25 Jul 2010 Filmmaker Oliver Stone slammed for anti-Semitism 26 Jul 2010 Fibromyalgia comes with a suicide risk: study 16 Jul 2010 Pub lets clients drink between the lines 26 Jul 2010 Flipboard raises $10 million for iPad magazine app 26 Jul 2010 Thrifty faithful hurts U.S. churches: survey 31 Mar 2010 N Dakota, Alaska lead US job creation, study says 26 Jul 2010 Scientists inch towards finding "God particle" | Video 26 Jul 2010 This wheelchair is nothing to sniff at 26 Jul 2010 "Darth Vader" strikes NY bank | Video 23 Jul 2010 James Bond producers worried by indefinite delay Digg This Tweet This Share on LinkedIn Share on Facebook Related News Comic-Con match-ups: Who won? Mon, Jul 26 2010 Director Noyce back from cold with "Salt" thriller Wed, Jul 21 2010 "Salt" adds flavor to summer movie menu Sun, Jul 18 2010 UPDATE 1-MGM talks to Lions Gate, gets debt extension-source Wed, Jul 14 2010 Related Topics Fashion » Entertainment » Technology » iPad » Film » Media » By Bryan Alexander Tue Jul 27, 2010 12:56am EDT LOS ANGELES (Hollywood Reporter) - The "James Bond 007: Blood Stone" video game event in London this month had all the class and splash one would expect from the world's most elegant spy. Guests sipped Champagne in the historic former church venue One Marylebone and inspected pieces of Bond memorabilia including Oddjob's hat from "Goldfinger" and Jaws' famous teeth. The event even featured a video game Bond girl in a stunning black evening dress, the Brit songstress Joss Stone who belts out the game's theme song. However impressive the Activision launch, big questions about the historic franchise loomed. Longtime Bond producer Michael G. Wilson touched on these unspoken questions from the podium. "I wish we were launching a movie," he quipped, bringing laughter from the audience. It was a rare public comment and an even rarer moment of mirth in the drawn-out James Bond-MGM saga, which has left the faithful feeling shaken. In April, Wilson and his half sister and fellow Bond producer, Barbara Broccoli, announced that development of the next 007 feature, known as "Bond 23," was suspended "indefinitely." The baddie who finally managed to knock Bond out of commission? Financial woes at MGM, which owns rights to Bond but is saddled with a crushing $4 billion in debt. Although no one doubts that Bond will be back, questions remain about where the next picture will find its financing and whether the open-ended delay will slow the momentum the franchise had rediscovered on the rugged shoulders of Daniel Craig. The topic fascinates the legions of Bond fans as well as industry insiders. "It's a business problem that will be solved, and then Bond will be back," said director Phillip Noyce, whose Bond-esque thriller "Salt" has just begun its worldwide campaign. "There's still a lot of hunger out there for the Bond story." But Bond appears to be left out in the cold as MGM debtholders extended a deadline to get the studio's financial house in order to September 15. Broccoli and Wilson declined comment but are said to be deeply concerned about the effect of an indefinite delay. "They're completely panicked that if they go five, six years without a Bond movie, it'll be over," a former MGM insider said. "They don't want to kill the golden goose." According to the source, Broccoli is hoping for a sale to Time Warner. But TW's $1.5 billion bid for the studio in May, though the highest fielded, is well below what MGM expected. And potential companies still in the hunt -- Spyglass Entertainment, Summit Entertainment and Lionsgate -- apparently are not on the scale that would satisfy the Bond producers. "Bond's the entire yearly production budget for Lionsgate, and you've got (hostile suitor) Carl Icahn saying they're spending too much money," the former MGM insider said. "These (prospective MGM buyers) freak them out. (But) all they can do is work behind the scenes to get what they want." Broccoli and Wilson also continue to push for Sony Pictures to be involved. The studio was behind the production, marketing and distribution of 2008's "Quantum of Solace." Although a delay might be worrisome, the nearly 50-year-old movie franchise not only has kept its mojo through a steady stream of reinventions but also has rebounded despite similar previous pauses. Bruce Feirstein, a frequent 007 screenwriter who recently completed the complex video story behind "Blood Stone," recalls that there was a six-year wait before switching Bonds from Timothy Dalton to Pierce Brosnan for 1995's "GoldenEye," a film whose screenplay he worked on. The film went on to gross $352 million worldwide. "The franchise never lost its luster during that period," Feirstein noted. "GoldenEye" casting director Pam Dixon recalled excitedly telling the film's director, Martin Campbell, that her young son didn't know who Bond was. To her, that meant a chance to give the franchise a real reboot. "The long break was a plus in that instance," she says. "Bond 23" was moving forward on the heels of more than $1 billion in worldwide grosses from Craig's 2006 debut "Casino Royale" and "Quantum of Solace." Craig was ready to roll into action again with "Bond 23," and "American Beauty" director Sam Mendes was in discussions to take the helm. The project was due out next year. Craig has been the good soldier during the delay, standing behind his April statement in which he said he was looking "forward to production resuming as quickly as possible." As 007 sits on the sidelines, Bond hardly is the only game in town. The spy marketplace is filled with competing secret agents crowding multiplexes, and those are in competition with the slew of comic book characters seeking a big slice of Bond's audience. Tellingly, "GoldenEye" veterans Dixon and Campbell teamed on the upcoming DC Comics creation "Green Lantern." "Right now, comic book franchises are so popular," Dixon says. "Who knows where we are going to be when we see the next Bond? These are very uncertain times." Said Feirstein: "I'm not worried about 007. There's a line at the end of every movie which we used in the video game: It's that James Bond will return. ... It's been true for 50 years. A hiccup like what's going on at MGM is not going to change that." Fashion Entertainment Technology iPad Film Media     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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