Bond 23 Film Cancelled… Indefinitely

ITN reported on the Bond film cancellation the morning of July 4th.

The new James Bond film, due for release by 2012, has been cancelled due to a cash crisis.

Production crew were told in April the £132 million blockbuster, starring Daniel Craig, had been postponed amid “financial problems” at debt ridden movie studio MGM, which co-funded the film.

The studio has now confirmed that filming of Bond 23 has been axed completely – and it could be years before the secret agent is back on the big screen.

American Beauty director Sam Mendes had been lined up to direct the twenty-third film in the franchise.

But production company EON have confirmed in a statement: “We do not know when development will resume and cannot comment further at this stage.”

Source: ITN