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More Info on 007's Indefinite Hold is suggesting that there may be a very logical reason that development of Bond 23 has been put on indefinite hold.
With MGM bordering on complete bankruptcy, the feeling is that if there is no preproduction on the film, the producers may have the right to bring the series to another studio. Notes Deadline, "[Barbara] Broccoli and [Michael] Wilson very deliberately have made certain they don't do anything on Bond #23 which ties the movie further with MGM (That's why [Sam] Mendes was hired as a consultant, not the director. Because once EON hires a director on their Bond films, it triggers a first payment from MGM). We believe today's announcement is about that as well. With the MGM auction apparently busted, even though no official announcement has been made yet, EON Productions wants to keep all its options open."

Elsewhere in the piece it notes, "Broccoli and Wilson would love to move Bond to a fully functioning studio. Like Sony, where Amy Pascal is dying to keep the famous franchise [Sony released both Casino Royale and Quantum of Solace, which collectively pulled in about $1.1 billion]. Or Fox, which handles Bond's DVD distribution. 'It feels like EON is sending a message to MGM,' one source tells us. 'If they try to continue as a stand-alone studio, don't expect to be making any Bond films."

Over at BBC News, actor Daniel Craig offered one statement on the situation: “I have every confidence in Barbara [Broccoli] and Michael [G. Wilson]’s decision and look forward to production resuming as quickly as possible.”
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