MGM briefly mentions Bond 25 on investor call

MGM’s Leo the Lion logo

Metro-Goldwyn-Mayer, during an investor call this week, briefly referenced Bond 25, mostly about the hiring of Cary Fukunaga as director.

“We wouldn’t be more excited about the creative direction of our next installment of our treasured evergreen franchise, Bond 25,” Christopher Brearton, MGM’s chief operating officer, said in prepared remarks. MGM is “thrilled to add Cary’s versatility and innovation to the next James Bond adventure.”

Fukunaga’s hiring was announced in September. He got the job after Danny Boyle departed in August in the midst of Bond 25 pre-production. Fukunaga has directed both streaming television series and feature films. Brearton also referenced Bond 25’s release date being delayed to February 2020.

Other MGM subjects weren’t discussed. The company has been run by a committee of executives since Gary Barber was fired as CEO in March. There were no comments whether he’ll be replaced or not.

Also, MGM’s partner in a U.S. film distribution joint venture, Annapurna Pictures, has been hit with financial troubles. But Annapurna’s name didn’t come up. The joint venture is scheduled to release Bond 25 in the U.S. while Universal will distribute the film internationally.

There were no questions from investors on the call.

h/t @CorneelVf on Twitter for the heads up.

Epilogue: About that whole Danny Boyle thing

Danny Boyle, 007 fans hardly knew ye.

In the 21st century, news cycles go faster than ever. So it is with the infatuation of Eon Productions with director Danny Boyle.

For much of 2018, the idea that Boyle may/would/wasn’t going to after all direct Bond 25 was big news among James Bond fans.

Now? Hardly anyone remembers all that. Danny who? Danny Boyle, 007 fans hardly knew ye.

Despite that, Eon’s infatuation has had a huge impact on Bond 25.

In 2017, Eon had spent months developing a story by long-time 007 screenwriters Neal Purvis and Robert Wade. But, as first reported by Deadline: Hollywood in February, Boyle and his screenwriter John Hodge made a pitch that intrigued Eon.

Suddenly, the Pruvis & Wade story seemed expendable.

Three months later, Eon announced that Boyle was onboard and Hodge was writing the movie. Another three months later, Boyle is gone. So is Hodge.

That’s at least at least six months (if not more) of wasted effort. Fans were told in September 2018 that a new director, Cary Joji Fukunaga, had been hired.

Since then, Boyle has become as forgotten as Peter Morgan (hired to write what would eventually be Skyfall), or John Landis, Cary Bates and Anthony Burgess (among the scribes hired to write stories for what would become The Spy Who Loved Me).

As Jerry Seinfeld once asked, “What’s up with that?”

At the very least, it suggests Eon and its studio partners Metro-Goldwyn-Mayer and Universal (who knows how long Annapurna Pictures will be part of the equation?) still care about prestige. Such as when Eon hired Morgan.

Nevertheless, with 20-20 hindsight, it’s clear that the le affaire de Boyle delayed the development of Bond 25.

Is this important? Actually, yes. With hindsight, the Boyle Affair provides insight to the state of the 007 film franchise. Will it all work out? We won’t know until February 2020.

THR: Annapurna’s ills may affect Bond 25 U.S. distribution

Annapurna logo

Financial problems at Annapurna Pictures may affect the U.S. distribution of Bond 25, The Hollywood Reporter said as part of a broader look at the company.

As things currently stand, a joint venture between Annapurna and Metro-Goldwyn-Mayer will release Bond 25 in the U.S. in February 2020 while Universal will distribute the movie in international markets.

Bond 25 is “the jewel in the crown” for the Annapurna-MGM joint venture, wrote THR’s Kim Masters. “If Annapurna falters, that film is likely to be released by Universal, which is handling overseas distribution. (MGM might also make a play to distribute domestically itself.)”

The joint venture was set up last year. It distributes movies for each partner. Movies that originate with Annapurna carry that brand. Movies generated by MGM, such as Bond 25, carry MGM’s Leo the Lion logo.

The THR story mostly is about cutbacks in film production at Annapurna, headed by Megan Ellison, daughter of tech magnate Larry Ellison.

“(T)he company’s operations now are being reviewed by an executive (with experience in business, but not in Hollywood) dispatched by Ellison’s father,” Masters wrote.

The story quotes a person with knowledge of the situation that it didn’t identify as saying this about Annapurna: “Larry respects money and wants it to be run in a more responsible way.”

Annapurna has exited some movies it commissioned, including a project about the late Fox News chief Roger Ailes.

“We are simply recalibrating so that our creative decisions are fully aligned with our business goals,” Annapurna said in a statement to THR.

Bond 25: An Annapurna primer

Annapurna logo

This week, various entertainment-news outlets (including Variety, The Wrap and The Hollywood Reporter among others) carried stories about turmoil at Annapurna Pictures.

The company is tied to Bond 25. So 007 fans are wondering if something may be up on that front. What follows is a primer.

What is Annapurna? It originally was a production company involved with films such as Zero Dark Thirty. It was founded by Megan Ellison, daughter of tech magnate Larry Ellison.

In 2017, Annpurna branched into distribution. Its first distributed movie was Detroit, a drama about the 1967 race riots in that city. The film bombed at the box officce.

How is it tied to Bond 25? Also in 2017, Annapurna formed a distribution joint venture with Metro-Goldwyn-Mayer. The joint venture distributes films for each of the partners. Movies generated by MGM would carry that brand. Movies generated by Annapurna would carry that brand.

In May, it was announced the MGM-Annapurna joint venture would distribute Bond 25 (an MGM-generated project) in the United States while Universal would distribute the movie internationally.

Why the concern? Annapurna abruptly has dropped a number of film projects, including a movie based about the late former Fox News chief Roger Ailes.

Annapurna “has racked up hundreds of millions of dollars of losses over the years due to some significant box office losses,” according to a Variety story (linked above) by Brent Lang and Matt Donnelly. The scribes write that Larry Ellison is exterting control to attempt to make Annapurna profitable.

Could this imperil Bond 25? No. Annapurna is one of three players (itself, MGM and Universal). The Bond 25 deal is expected to help Annpurna, because it’ll get a distribution fee, according to Variety. The entertainment site also says Universal is a likely candidate to take over U.S. distribution if necessary.

Bond 25 to be delayed, THR reports

Daniel Craig

Bond 25 will not meet its fall 2019 release date, The Hollywood Reporter said, citing sources it didn’t identify.

“With the abrupt exit of director Danny Boyle, the next installment in the James Bond film franchise — the untitled Bond 25 — will miss its Nov. 8, 2019 release date in North American theaters, sources tell The Hollywood Reporter,” according to a story by Pamela McClintock.

Eon Productions announced Aug. 21 that Boyle was exiting the project due to “creative differences.” The development came less than three months after Eon announced the hiring of the director.

THR didn’t provide a precise replacement date.

“It’s possible Bond 25 may not hit theaters until late 2020, according to sources,” McClintock wrote. “No recent Bond film has ever opened in summer. Even before Boyle departed, there was talk of pushing the movie’s release to early 2020.”

The last Bond film to have a summer release was 1989’s Licence to Kill, the second and final 007 film starring Timothy Dalton. Since 1995’s GoldenEye, Bond films have had a U.S. release date of either November or December.

For a time, Bond 22, later titled Quantum of Solace, was slated for May 2, 2008. But Sony Pictures, its distributor, delayed until fall 2008. Iron Man, the first Marvel Studios film, grabbed the May 2 date, launching a powerhouse franchise.

For Bond 25, a joint venture between Metro-Goldwyn-Mayer and Annapurna Pictures will distribute in the U.S. while Universal will handle international distribution.

UPDATE (5:25 p.m. New York time): Variety also has a story. The sourcing isn’t very precise. “Word around town is that it’s back to the drawing board for the creators of the new 007 adventure after Boyle and his co-writer, John Hodge, delivered a draft of the script that didn’t meet the approval of producers Michael G. Wilson and Barbara Broccoli, as well as star Daniel Craig.”

Variety adds this tidbit: MGM and Eon “are not simply eyeing a director for hire, which signals that a major rewrite will have to be undertaken. It is also telling that the producers seem more eager to find a screenwriter than a person willing to slide behind the camera.”

If accurate, does this mean a search for yet another “auteur” director? The Bond franchise was built on the shoulders of journeymen directors such as Terence Young and Guy Hamilton.

UPDATE (6:10 p.m. New York time): Deadline: Hollywood gets into the act with a counter-story.  “(Bond 25) hasn’t abdicated its November 8, 2019 release date, not yet at least. It is possible that if a replacement director is named within the next 60 days, Daniel Craig’s last outing as 007 can keep its date, sources said.”

Deadline: Hollywood was the same outlet that said last fall that the MGM-Annapurna joint venture was “thisclose” to announcing it had secured the Bond 25 domestic distribution deal. While that happened, it didn’t occur until May 2018.

State of the 007 film franchise summer 2018

Omega advertising image released hours before Eon Productions announced Danny Boyle was exiting as Bond 25 director.

The James Bond film franchise is either experiencing an unusual run of bad luck or it it’s adrift and taking in water.

Either way, there was an omen on Aug. 21. Omega released an image of tuxedo-clad 007 star Daniel Craig, mostly underwater but promoting an Omega watch. A few hours later, Eon Productions announced that director Danny Boyle had exited Bond 25 because of “creative differences.”

It was the latest in a series of whipsawing developments with the 25th James Bond film produced by Eon.

For a long time after the release of 2015’s SPECTRE, Eon was quiet amid speculation that Craig wouldn’t be back. Finally, in July 2017, it said it had retained veteran 007 screenwriters Neal Purvis and Robert Wade to write Bond 25.

This after the duo said writing Bond films were very hard in the 21st century. “I’m just not sure how you would go about writing a James Bond film now.” Purvis said in a January 2017 interview with The Telegraph.

In August 2017, Craig announced on CBS’s The Late Show that he was, indeed, coming back.

Yet, as 2017 ended, no real word on how things were going. Eon boss Barbara Broccoli said in a Hollywood Reporter podcast that Purvis and Wade were hard at work.

Until, a few months later, when Danny Boyle and his screenwriter, John Hodge, became the 007 flavor of the month. The duo pitched an idea. Hodge began writing. If his script was deemed acceptable by Eon, that would be Bond 25’s new direction.

On May 25, the Eon brain trust, doing its best Jean-Luc Picard imitation, proclaimed: “Make it so!” Boyle was now the official director and Hodge the new writer. Good-bye, Purvis and Wade.

Less than three months later? No so fast. The Boyle was lanced. No word on Hodge’s script, based on the supposedly spectacular idea Boyle and Hodge pitched.

What happens next? Your guess is as good as mine. Eon seemed to love working with “auteur” directors such as Marc Forster and Sam Mendes. Boyle’s hiring (however brief) seemed a natural.

The bigger question: Does Eon really know what it wants to do with Bond?

Both Broccoli and Craig clearly wanted a break from Bondage after SPECTRE. They both went about various projects, including a stage production of Othello where Craig appeared and Broccoli was a producer.

The break is over. Aside from keeping Craig in the Bond role, what does Broccoli have in mind? Eon has burned through three writers from 2017 through the present.

Will the next installment be helmed by another “auteur” director? If so, how long does it take to find a Boyle replacement?

At the very least, Bond 25’s announced fall 2019 release date looks shaky. Eon had a bad experience trying to make Quantum of Solace on an accelerated schedule. Does Eon have the stomach to try to find a new director fast? Or should it take a deep breath and start over?

Eon, of course, has business partners it must consider. Universal now does the international distribution. A joint venture of Metro-Goldwyn-Mayer and Annapurna Pictures is distributing the movie in the United States.

More broadly, the movie business is in the midst of great change, under pressure from streaming services such as Netflix.

Bond is a franchise that has enjoyed enormous longevity. It still generates interest worldwide.

But continued longevity isn’t automatic. At the very least, the 007 film franchise faces renewed uncertainty.

Bond 25 announcements confirm director, distribution

Daniel Craig

Official announcements about Bond 25 being directed by Danny Boyle and its distribution were issued early Friday.

Versions were on the official James Bond website and official James Bond feed on Twitter.

They followed a story late Thursday by Deadline: Hollywood that Universal would distribute the movie internationally while a joint venture between Metro-Goldwyn-Mayer and Annapurna Pictures would distribute it in the United States. The story also said Boyle was confirmed as director.

The announcements also confirmed a Feb. 21 story in Deadline about how  Boyle would direct is a script by John Hodge were accepted. Boyle said as such in subsequent public appearances but that hadn’t been part of official announcements until now.

A March 8 story by Baz Bamigboye of the Daily Mail, who has had a number of 007 scoops confirmed in the past, said star Daniel Craig was “pulling out all the stops” to have Boyle direct the new Bond film.

The announcements reference Hodge working on Bond 25’s script. A July 24, 2017 announcement said veteran 007 screenwriters Neal Purvis and Robert Wade were writing Bond 25.

Excerpt from the announcement issued early today:

Daniel Craig returns as 007 and Academy Award-winning director Danny Boyle (Slumdog Millionaire, Steve Jobs) will direct from an original screenplay by Academy Award nominee John Hodge (Trainspotting) with production set to begin on 3 December 2018. Metro Goldwyn Mayer Pictures will release the film theatrically in the US on 8 November 2019 through its new joint venture for domestic theatrical distribution with Annapurna Pictures, and Universal Pictures will release internationally commencing with the traditional earlier release in the UK on 25 October 2019.

Here is what the Twitter version looked like:

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