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MGM announces Bond 23 for November 2012

With MGM about to head into bankruptcy, the studio has announced that new James Bond films will be released every second year starting in November 2012 with Bond 23 (working title). This is all contingent on MGM successfully making its way through bankruptcy, which it has filed for. MGM says they want to own 50% of Bond 23 with an equal partner paying all of the production costs. Future installments would be wholly owned and funded by MGM.

Source: Bloomberg via CommanderBond.net