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Bond 23 production grinds to a halt

The patchy production on the next Bond film has been cancelled amid MGM's ongoing financial problems.

The news doesn't come as a big surprise given MGM's announcement in April that the film was delayed indefinitely, but it remains to be seen what damage the cancellation will do to the once enticing prospect of the new Bond.

With Sam Mendes lined up to direct and Peter Morgan ( The Queen/Frost/Nixon ) scripting, the initial production looked mouthwatering.

But with Mendes having already backed out due to the delay, we're currently clueless as to what further changes will be made to the initial lineup.

And with MGM's The Hobbit also severely delayed, the studio faces a struggle to get both much-anticipated productions up and running again.

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