Sony & MGM Sign Deal To Make ‘James Bond 23′

Sony & MGM Sign Deal To Make ‘James Bond 23′

At the beginning of this year, MGM filed for chapter 11 bankruptcy which meant two things for film fans everywhere: there was a distinct possibility that we wouldn’t see The Hobbit or the 23rd film in the James Bond franchise for the unforeseeable future.

As we all know, Jackson is down under working on The Hobbit as we speak, and it looks like Bond may have just gotten saved, as both MGM and Sony have come to a deal and will work together to get the film made by 2012. From THR:

Sony Pictures, which released the last two James Bond movies, has struck a deal with MGM to co-finance and distribute worldwide the next Bond, still known only as Bond 23.

With Bond 23 set for release on Nov. 9, 2012, Sony and MGM also plan to join forces for the next film in the ongoing series, Bond 24, under a similar arrangement.

As part of the deal, announced Wednesday by MGM’s Gary Barber and Roger Birnbaum and Sony’s Michael Lynton and Amy Pascal, MGM and Sony are also exploring co-financing deals on future movies produced by each of the studios during the next five years.

Along with Bond 23 and 24, Sony Pictures and MGM are locked in to release The Girl with the Dragon Tattoo remake and are in talks about working together on the Total Recall remake.