MGM Bankrupt, But Bond Will Go On

Posted by K.C. Morgan Categories: MGM, Action, Adaptation, Adventure, Sequels, Corporate Shakeups, Filmmaking, Upcoming Releases,

MGM may have filed for bankruptcy earlier this week, but the 23rd James Bond movie will receive the financial support it needs. The studio announced that they’ve picked up a partner to foot the bill on Bond.

Daniel Craig, the current Bond, recently released a statement urging MGM to get their movie projects together, so he should be thrilled with this news.

Meanwhile, MGM is still shopping for a partner to pick up the bill on The Hobbit, which comes with a $265 million price tag.

Production for the next 007 film will start soon in order to get it ready for its November 2012 release date.

Read More | E! Online

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Cinema Scene: Sing-Along Beauty and the Beast; Live-Action Mulan

Posted by Veronica Santiago Categories: 20th Century Fox, Disney, Action, Animation, Family, Musicals, Remakes, Romance, Comedy, Upcoming Releases,

-A sing-along version of Beauty and the Beast will be coming to theaters at the end of the month. The animated film will be available in limited release on September 29 and October 2.

-Speaking of old Disney films, Zhang Ziyi will star in a live-action version of Mulan. The English-language project will be directed by Speed‘s Jan de Bont and produced by an independent studio.

-Blockbuster has filed for Chapter 11 bankruptcy protection. The video chain – which has nearly approximately $1 billion in debt – will be preparing to close another 800 stores.

-Ed Zwick’s Love and Other Drugs, starring Anne Hathaway and Jake Gyllenhaal, has been chosen to open AFI Fest 2010 in November. Black Swan will close the festival.

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