MGM hold Bond 23 indefinitely

The 23rd James Bond instalment has been put on hold for an undisclosed period.

According to reports, MGM have been forced to postpone the release due to financial troubles.

Michael G. Wilson and Barbara Broccoli announced the delay in a statement released to Variety.

“Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, we have suspended development on Bond 23 indefinitely,” the two explained.

“We do not know when development will resume and do not have a date for the release of Bond 23.”