Hollywood studio MGM hopes to use the success of Skyfall
, its latest James Bond film, as a platform to launch an initial public offering. Skyfall
has enjoyed the best opening weekend for a James Bond film, generating $88m at the US box office to bring its worldwide total to $435m. For MGM, an IPO would end a torrid few years, during which it came close to collapse after filing for bankruptcy protection. According to the Financial Times
, MGM has appointed advisers to explore a return to the public markets. “People close to the process say it is looking at an IPO next year,” says the paper.