Tag: James Bond

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MGM Reportedly Exploring Sale – EON’s Partners On The James Bond Franchise

In a report coming from the Wall Street Journal, there are claims that MGM Holdings Inc. aka MGM Studios is now exploring the idea of a sale which includes their massive film library and involvement in the billion-dollar James Bond franchise (working with EON on the films as co-owners of the rights). Mentioning that the company is currently valued at $5.5 billion which could give you an idea of what their asking price might be.

MGM Holdings Inc., the movie studio behind the James Bond franchise, is exploring a sale, according to people familiar with the matter, betting that its library of content will prove attractive to companies pursuing growth in streaming video.

The company has a market value of around $5.5 billion, based on privately traded shares and including debt, some of the people said.

They don’t name potential suitors but allude to their valuation and attractiveness due to streaming services. Netflix and Disney are dealing with a crazy amount of debt which might put them out of the running. While Apple seems like a rational option, they recently backed-out on an offer to buy the exclusive rights to No Time To Die because MGM/EON asked too much, so those deep pockets have a limit. Not every streamer is going to have $5+ billion laying around when the pandemic has hit most entertainment companies hard.

I’m curious what this would mean for EON, who are traditionalists and have a controlling interest in the James Bond franchise and likely wouldn’t be terribly keen on turning their IP into some streaming film franchise. They’d likely want assurances that theatrical would still be on the table or it could turn into a messy legal fight, I would assume any sale would have to need EON’s blessing because the Bond stuff would be the more attractive aspect.

Here is how EON describes their relationship with MGM.

EON Productions Limited and Danjaq LLC are wholly owned and controlled by the Wilson/Broccoli family. Danjaq is the US based company that co-owns, with Metro-Goldwyn-Mayer Studios, the copyright to the existing James Bond films and controls the right to produce future James Bond films.

We’ll have to wait and see to if things will materialize next year.

SOURCE: WALL STREET JOURNAL

Posted on in Film News

Four-Time Oscar Nominee Saoirse Ronan Would Like A Crack At Playing A ‘Bond’ Villain

With Daniel Craig’s tenure as James Bond coming to end in April, there are plenty interested to see who will end up playing the new 007 after producers confirmed they haven’t even started searching for a new actor despite rumors.

What’s always equally nice hearing is who wants to nab a Bond villain role playing opposite to the iconic MI6 Agent. Irish actress and four-time Oscar nominee Saoirse Ronan (Brooklyn, Little Women, Atonement, Lady Bird) has thrown her hat in the ring to play a Bond villain if the opportunity ever came her way while speaking with MTV News.

RONAN: “I would love to do a Bond. What I really want to is like, I want to play a villain in a Bond film or something like that. That’d be incredible but I’d love to do something really fucking big.”

It also sounds like she’d love to be involved with a large blockbuster in general.

At one point, during the development of Skyfall, there was consideration to have a leading female villain with Craig’s current wife Rachel Weisz (Black Widow, The Favourite) reportedly wanted for the part in one of the early incarnations. Oddly enough, while producers have been open to giving female characters a larger presence in MI6 they still haven’t recently made the main big-bad a female which isn’t a little crazy given all the female villains that occupied the franchise.

It’s also worth noting that Ronan has previously doubled with the spy genre with her Joe Wright-directed thriller Hanna co-starring with Eric Bana and Cate Blanchette.

When Bond 26 will begin shooting or casting is unclear but No Time To Die co-writer Phoebe Waller-Bridge is said to be currently working on the script.

No Time To Die is expected to drop on April 2nd, 2021 barring anymore release hiccups.

NO TIME TO DIE – Bond has left active service and is enjoying a tranquil life in Jamaica. His peace is short-lived when his old friend Felix Leiter from the CIA turns up asking for help. The mission to rescue a kidnapped scientist turns out to be far more treacherous than expected, leading Bond onto the trail of a mysterious villain armed with dangerous new technology. 

SOURCE: MTV NEWS

Posted on in Film News

MGM Says ‘No Time To Die’ Is Not For Sale Despite Report of Talks With Apple and Netflix

A report from Bloomberg states that MGM has held talks with Netflix and Apple (Apple TV+) about taking the latest James Bond installment titled No Time To Die to streaming with a massive deal, but the studio is declining to comment on those talks pointing out that the film isn’t for sale and they’re committed to releasing the film theatrically.

Metro-Goldwyn-Mayer Inc. held discussions with Apple Inc. and Netflix Inc. about taking its new James Bond film directly to streaming, according to people familiar with the situation, but the studio says it’s committed to a theatrical release.

The film, “No Time to Die,” could fetch hundreds of millions of dollars in a potential streaming sale, said the people, who asked not to be identified because the discussions were private. MGM declined to comment on any talks, but said the film “is not for sale.”

A deal like that would be massive and I have to assume would be extremely pricey given how costly the production budget is to make one of these James Bond films. However, it might cap what the producers, EON, and MGM would end up making in comparison to a regular theatrical run and might not be terribly appealing.

UPDATE: Variety says they were asking for a massive $600 million which was too rich for the streaming companies.

However, multiple insiders at rival studios and companies said that a possible Bond sale was explored overtly, and believe that MGM was at least open to the possibility of unloading their crown jewel for a princely sum. The studio was said to be looking for a deal of roughly $600 million — a price tag that was deemed too rich for two of the free-spending streaming services.

The film recently moved to a theatrical release on April 2nd, 2021.

NO TIME TO DIE – Bond has left active service and is enjoying a tranquil life in Jamaica. His peace is short-lived when his old friend Felix Leiter from the CIA turns up asking for help. The mission to rescue a kidnapped scientist turns out to be far more treacherous than expected, leading Bond onto the trail of a mysterious villain armed with dangerous new technology. 

SOURCE: BLOOMBERG

Posted on in Film News

‘No Time To Die’ Director Cary Joji Fukunaga Interested In Making More Movies With The Next James Bond – Producers Also Keen For Reunion

While the final installment of the final Daniel Craig film in his era of the James Bond franchise with No Time To Die won’t be released until April 2nd, 2021, there is some possibly good news about director Cary Joji Fukunaga potentially returning in the future.

In the Wall Street Journal’s new No Time To Die coverage they were able to get some indication from both Cary and franchise producers that his return in the future could very well happen. They also mention he was courted by Disney for Marvel and Star Wars films.

Hypothetically speaking, Fukunaga would be interested in reuniting on another Bond film, or perhaps a series of films introducing the new 007.

In reality, though, Fukunaga’s future with Bond will depend on the film’s reception. 

FUKUNAGA: “I have never been able to predict how people react to something I’ve made. It could fly or completely fall. It doesn’t change how I view the film.”

Franchise producers Barbara Broccoli and Michael G. Wilson also had kind words for Cary suggesting they’d like to work with him again.

BROCCOLI: “He’s a perfectionist, but that’s what you want. He far exceeded anyone’s expectations. He’s made probably one of the best Bond films ever…. He’s delivered a film on an epic scale, but it also has a tremendous, tremendous intimacy…. It’s a classic Bond movie but also a Cary Fukunaga film.”

WILSON: “He’s certainly someone we’ll work with again.”

This wouldn’t be a strange concept as Martin Campbell directed both GoldenEye and Casino Royale, covering two eras of Bond.

Bond 26 is indeed in development as Phoebe Waller-Bridge was previously linked as writing the script after tackling rewrites on No Time To Die. There have been plenty of rumors concerning the next James Bond actor but nothing has been made official and remain to be rumor/speculation until producers make an announcement. It means we’ll have to endure many more casting rumors for the foreseeable future.

Cary is a busy gent as it was recently announced he will direct three episodes of the Apple TV+ series Maters of The Air, the WWII show produced by Tom Hanks and Steven Spielberg.

SOURCE: WALL STREET JOURNAL

Posted on in Film News

New ‘No Time To Die’ Trailer Reveals James Bond Has To Save Millions of Lives From Safin – Is He Dr. No?

A new trailer for Daniel Craig’s No Time To Die has been officially released.

The new footage gives a little more context to the villain Safin revealing that he’s going to attempt to kill millions of people for his own means.

Safin’s mask and hideout seem to be direct cues to the Bond villain Dr. No.

The cast will include Daniel Craig as James Bond, Lea Seydoux as Madeleine Swann, Rami Malek (Bohemian Rapsody) as a new villain named Safin (Dr. No?), Jeffrey Wright (Westworld) as Felix Leiter, Ralph Fiennes (The King’s Man) as M, Christoph Waltz returning as Spectre’s Blofeld, Naomie Harris as Moneypenny, Lashana Lynch (Captain Marvel) as Nomi aka the new Agent 007, Ana de Armas (Blade Runner 2049) as Paloma, Ben Whishaw as Q, Billy Magnussen, Rory Kinnear as Bill Tanner, David Dencik, and Dali Benssalah.

In No Time To Die, Bond has left active service and is enjoying a tranquil life in Jamaica. His peace is short-lived when his old friend Felix Leiter from the CIA turns up asking for help. The mission to rescue a kidnapped scientist turns out to be far more treacherous than expected, leading Bond onto the trail of a mysterious villain armed with dangerous new technology.

SOURCE: EON