Looks like the 23^rd installment of the James Bond movie franchise will be on hold until MGM sells. In a joint statement Michael G Wilson and Barbara Broccoli has this to say about the fate of Bond:

“Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, we have suspended development on BOND 23 indefinitely. We do not know when development will resume and do not have a date for the release of BOND 23″

We’ll see when 007 will return to theaters again. Stay tuned to The Giggaheim.com Blog for future posts.