Daniel Craig’s Bond film put on hold indefinitely

Daniel Craig as James Bond in 'The Quantum of Solace'

Concerns over MGM force producers to stand down Craig and director Sam Mendes

BY Sophie Taylor LAST UPDATED AT 09:29 ON Tue 20 Apr 2010

Bond actor Daniel Craig and director Sam Mendes have been stood down after production of the new Bond film was suspended indefinitely because of uncertainty over the future of MGM. Producer Barbara Broccoli, who took over the Bond films on the death of her father Cubby Broccoli, says she does not know when work on the project will resume and can give no date for the film's release.

The new film - titled Bond 23 until it gets a complete script and a proper name - was due to be the third starring Craig, whose has helped revitalise the franchise with his performances in Casino Royale and Quantum of Solace.

Sam Mendes, best known as a theatre director before turning his hand to films with the hit American Beauty in 1999, was due to direct Bond 23.

The news of the delay may help explain a report earlier this month that Peter Morgan, the award-winning British screenwriter of The Queen and Frost/Nixon, was no longer working on the script for the new movie.

MGM's latest troubles came to light last year when the studio fell behind on a $3.7 billion loan. The company was put up for sale and is still considering various bids. · 

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