No Time to Die’s production grinds on. Still, the blog has a few questions.
Annapurna Pictures apparently cut a deal with its banks. What’s the significance for No Time to Die?
There were reports from major entertainment news sites such as The Hollywood Reporter and Variety that Annapurna was preparing for bankruptcy in case it couldn’t reach a deal with its lenders.
Variety this week reported Annapurna had reached such a deal, covering $200 million worth of debt. Lenders will get 82 cents on the dollar, according to Variety.
Annapurna and Metro-Goldwyn-Mayer are partners in United Artists Releasing, which will distribute No Time to Die in the U.S., with Universal handling international distribution.
An Annapurna bankruptcy might, at the least, been a distraction. Now, assuming Variety’s report is correct, bankruptcy is off the table. Annapurna can figure out how it wants to continue operations with the debt issue settled.
Is that the end of it?
I wouldn’t be surprised in the long run if there were some sort of restructuring at United Artists Releasing. Perhaps MGM buys out Annapurna. Or something else. Regardless, that’s a longer-term question that can be addressed separately from No Time to Die.
When’s the No Time to Die teaser trailer coming out?
At this point, who knows?
A favorite fan theory was the title for Bond 25 wouldn’t come out until the teaser trailers. Instead, the title was dropped in the afternoon New York time.
It may be the teaser trailer’s debut will be just as unpredictable. Maybe in a few days. Maybe a few weeks. It doesn’t seem worth guessing right now.
Filed under: James Bond Films | Tagged: Annapurna Pictures, Bond 25, Metro-Goldwyn-Mayer, No Time to Die, Universal, Variety |
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