Like all of you, I’m sick and tired of hearing about MGM’s dire financial situation. It’s becoming an albatross around the film community’s neck and their horrible mismanagement of the company has delayed production on two of the most eagerly anticipated movies of all time. Things really aren’t looking good for The Hobbit, don’t be surprised if it never sees the light of day. Every morning I get up and check my inbox, dreading an announcement pronouncing the whole thing cancelled. And if you’re a James Bond fan, that day has just come for you: The next James Bond movie is dead.

Or at least that’s what AICN thinks. This is the way things have been headed and it seems reasonable, in this instance, to trust them on it. They say all development on the next Bond movie is now dead. This is the Bond movie that Sam Mendes was going to direct, the one written by Peter Morgan, the brilliant scribe behind Frost/Nixon. Maybe you liked what Martin Campbell did with Casino Royale, but he’s no Mendes. Just the thought of what this guy could have done with a 007 movie makes my movie gland tingle. It would have been awesome. Would have been incredible. Would have redeemed the franchise for that lame last movie Quantum of Solace. Instead, that lame Quantum of Solace misfire will now be Bond’s swansong.

Some day, someone will sort this disaster out and some studio (probably not MGM) will make another James Bond movie. But odds are it won’t be with Daniel Craig. If development really has ended then it’s a safe bet that his run as 007 has ended too. If another Bond movie ever gets made, it’ll be from different people with a different mindset. They’ll more than likely be starting over. 007’s glorious reboot is over. Sorry Daniel Craig, you were brilliant, the greedy studio executive who hired you though… were not.

UPDATE! Late last week the notoriously unreliable Daily Mirror reported much the same thing, saying the next James Bond movie has been "canned".

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