1025 replies to this topic

[Quantumofsolace007]

I vote that post as the most nonsensical post I've ever read from you OoS. Bravo.

Sigh

I get yelled at for short posts i get yelled at for long posts.


MGM can do what they want but honestly they are being quite selfish with 007 am i the only one who sees this?


and as for Gravity I believe that people are decent honest and at heart good Zorin has had an increasingly good track record for what is real and what isn't.


Perhaps I have too much faith on those in this board but I fail to see how that harms others.


Say what you will but at least i don't create senseless threads anymore.


Shame as i really wanna create one about the new Jeffery Deever bond novel but I will hold off and hope someone else touches upon what i'm thinking rather then create a thread and being told either

A) this is useless thread

or

I am stupid for thinking the way i am.


Cause that just isn't nice and I have tried to intelligently add insight to the discussion in spite of my poor grammar.

I'm not leaving only to come back like another poster on here who had more farewell tours then Kiss.

Though I am tired of Posting reading through my post and it still being beaten to death, and I'm not gonna read my posts out loud cause then I'll look like an idiot.

I do realize the line before this will be responded by "don't bother you already do look like an idiot" Thank you for you words of encouragement at the outset.

[tdalton]

MGM is like a kid who refuses to let others play with their precious toy. I wish someone would put MGM in a time out and force them to share 007.

"Force them to share 007"????

That was my question as well. Why should MGM be forced to share something that they own. By that same token, Warner Bros. should share the rights to Batman, 20th Century Fox should be forced to share Avatar, Summit Entertainment should share Twilight, and PIXAR should be forced to share their exclusive animation projects with the rest of Hollywood.

Basically, what it boils down to, is that the issues that are currently plaguing MGM are not going to go away overnight, no matter how much we'd all like them to, and we're in for a long haul before we see another Bond film. The creditors behind MGM are not going to just let the studio fail until all available opportunities at their disposal to revitalize the studio (however unlikely they are to succeed) have been exhausted, as it's their money on the line. They're not going to just give up on that money until there's no remaining options to get it back.

[JimmyBond]

I vote that post as the most nonsensical post I've ever read from you OoS. Bravo.

Sigh

I get yelled at for short posts i get yelled at for long posts.

I wasn't yelling at you. I was commenting on your rather redundant post. We know that MGM is the reason we're not going to see Bond anytime soon. You posting about it for the umpteenth time isn't going to change that.

[Napoleon Solo]

Since April, two parties have been criticized on this site's forums:

1) Harry Saltzman for not selling to Albert R. Broccoli.

2) MGM for various things.


Regarding 1)

--Saltzman was free to try to do a deal with whoever. His main concern was to do something about his financial problems.

--Broccoli's main source of wealth was his interest in Bond. To buy out Saltzman, he might probably would have had to go heavily into debt. The buyer ended up being United Artists, the studio that released Bond movies at the time. From the Broccoli/Eon perspective, UA was probably the best buyer *at that moment*.

Regarding 2):
--MGM's creditors, as noted in other posts in this thread, aren't yet ready to throw in the towel. Most of them acquired MGM debt at something like 50 cents on the dollar (this has been reported in the business press). Right now the only bid is $1.5 billion (Time Warner's), which won't make the creditors whole, even at the discount they paid to acquire MGM bonds.
--The creditors, as has been reported in the business press, apparently are trying to make a go of it, see if they can boost the value to try to either minimize losses or maybe eke out a small profit.


Note: this is not an argument in favor of MGM or its creditors. The creditors have a lot of history against them (MGM has been struggling for decades, other outsides, such as Coca-Cola Co., have tried to run entertainment businesses and failed, etc., etc., etc. But it is their right to try.

[Zorin Industries]

well interestingly enough i think (zorin please correct me if i'm mistaken/wrong cause i honestly believe you either are associated with EON or know someone who is I wouldn't be surprised if u have read bond 23 and know who Eon is looking at in terms of cast but anyways)

But even if he's not, you're already reeled in hook, line, and sinker. So as long as you continue to treat him with the deference normally afforded someone who is in the industry or on the project, it doesn't really matter whether he actually IS connected to EON, BOND-23, or is The Prime Minister of Imaginationland. As long as you believe it is true then it IS true.

Deputy Prime Minister Of Imaginationland actually (better holidays than the main job...).

[Trident]

well interestingly enough i think (zorin please correct me if i'm mistaken/wrong cause i honestly believe you either are associated with EON or know someone who is I wouldn't be surprised if u have read bond 23 and know who Eon is looking at in terms of cast but anyways)

But even if he's not, you're already reeled in hook, line, and sinker. So as long as you continue to treat him with the deference normally afforded someone who is in the industry or on the project, it doesn't really matter whether he actually IS connected to EON, BOND-23, or is The Prime Minister of Imaginationland. As long as you believe it is true then it IS true.

Deputy Prime Minister Of Imaginationland actually (better holidays than the main job...).

Last time I looked they had a President, not a PM. Wonder what happened...???

[Zorin Industries]

Well said Mr Silhouette.

[Quantumofsolace007]

Ok all of your other examples (Wb Pixar etc) aren't in 3.7 billions dollars worths of debt


CAN YOU accumulate 3.7 billion dollars worth of debt yet somehow maintain a company without having to pay back a cent.


Last I checked in the non corporate world what MGM is doing is kinda illegal. I mean you or I can't do it.


That is why i said someone should stpe in and force MGM to close shop sell off the assets and that is it. What the Creditors are doing not only makes no sense but it is actually causeing more of a problem. MGM should NOT I repeat SHOULD NOT be allowed to have all these extensions it's quite frankly turning into a pathetic joke.


Now Gravity where am I wrong in thinking MGM should be forced to close shop as THEY WILL NEVER EVER BE ABLE TO PAY BACK THE MONEY THEY OWE!

[byline]

Director quits 'Hobbit' film over production delay

[zencat]

No Bond. No Hobbit. No management. No brains. Just lots and lots and lots of debt.

Time to call this one.

[JimmyBond]

I knew about this for a few days now. It's kind of depressing actually, I was eager to see what a Guillermo del Toro directed Hobbit would be like. I don't think we'll ever get a director of his originality on the Hobbit again

[Double-Oh Agent]

I'm sure Warner Bros. or whichever studio it is that owns the other half of The Hobbit rights is pretty pissed off at MGM and its equity holders right now.

This is sad news but not surprising. Hopefully, though it's probably a long, long shot, that once this MGM fiasco is all sorted out Del Toro will come back or perhaps Jackson will take over the directorial reins. After this mess, The Hobbit rights holder(s) may be willing to give in to Jackson's demands just so they can get their big moneymaker on the giant screen.

[col_007]

CAN YOU accumulate 3.7 billion dollars worth of debt yet somehow maintain a company without having to pay back a cent.

They have been doing that in all walks of life for years some soccer clubs here in England are heavily in debt and yet the banks haven't called them in

Edited by col_007, 31 May 2010 - 11:17 PM.

[blueman]

How much is that debt dollar worth now? 25 cents? Write it off already.

[kneelbeforezod]

Well it's all very depressing *sobs uncontrollably*

[DaveBond21]

Well it's all very depressing *sobs uncontrollably*

We could all pretend that there's a new Bond movie on the way. In our minds.

[Pushkin]

The MGM situation too me is really puzzling when it comes to both Bond and the Hobitt. I think everyone agrees these movies will make money. If I understand things correctly, MGM has not yet filed for bankruptcy protection and I am not sure why. My understanding of how bankruptcy protection works (and I would welcome corrections from anyone who is more knowledgeable) is that it allows companies to continue to function and even to obtain loans necessary to continue to run under certain circumstances.

In this situation, secure creditors (who would be paid before everyone else) could provide money for Bond and the Hobbit and this would make everyone happy I would think as MGM would make some money (which is in the interest of current creditors) and the secured creditors would get money too along with some interest. It baffles me as to why MGM has not taken this route as it would be in everyone's interest so far as I can tell. Right now, they appear to being doing but watch the interest pile up.

My two cents and as I say, I would welcome corrections.

cheers

[zencat]

Well it's all very depressing *sobs uncontrollably*

We could all pretend that there's a new Bond movie on the way. In our minds.

Just cross out the word movie and come over to the other side. Here is everything you want. It is a land of plentiful Bond adventures with no studios to stop them. Come to us. Come to us.

http://www.jamesbondprojectx.com/

[dodge]

What are the current odds that Dan checks out with Tim Dalton 2-movie status? He'd come out on top, assuredly, with CR to his credit. But it would be a cryin' shame if his QoS were his swan song.

[Quantumofsolace007]

Well it's all very depressing *sobs uncontrollably*

We could all pretend that there's a new Bond movie on the way. In our minds.

Just cross out the word movie and come over to the other side. Here is everything you want. It is a land of plentiful Bond adventures with no studios to stop them. Come to us. Come to us.

http://www.jamesbondprojectx.com/

Actually Project X sounds like exactly the kind of bond novel i want.

Dark Mysterious and bond is born in an unspecified time in the 80's I like this a lot.

Now If bond 23 could get rolling and we can get a bond game I'd be proud to own we'd be all set.

[Rufus Ffolkes]

And now it seems that MGM's Red Dawn remake - which is nearly finished - has also been delayed indefinitely:

http://www.slashfilm...s-indefinitely/

[Mr. Blofeld]

And now it seems that MGM's Red Dawn remake - which is nearly finished - has also been delayed indefinitely:

http://www.slashfilm...s-indefinitely/

Now, that is news I'm happy for...

[RivenWinner]

man this is just sad. A few months back they had to hand 'The Zookeeper' to Sony so that they could handle the distribution/marketing costs. Now they have to shelve 'Red Dawn' because they don't have enough money to distribute or market it...yet they need new movies out so that they can generate cash to stay alive and develop new projects, lol.

One would assume 'Cabin in the Woods' will be shelved as well. They should not have bothered with converting that into 3D (waste of money, in my opinion) and just released earlier this year, as was their original plan.

Downright sad.

[Loomis]

I wonder if MGM execs are having the following conversation:

MGM EXEC #1: Okay, so James Bond is on hold, and Red Dawn and The Hobbit are also in trouble. What should we do?

MGM EXEC #2: I know! Let's remake Rollerball - it's a guaranteed smash.

MGM EXEC #1: Wait, didn't we do a Rollerball remake almost a decade ago? If memory serves, it flopped and was panned.

MGM EXEC #2: Almost a decade ago? That's ancient history! Sounds to me like the Rollerball franchise is ripe for a reboot!

MGM EXEC #1: What Rollerball franchise? Rollerball was never a franchise.

MGM EXEC #2: Which is precisely the mistake we made before. No one's interested in stand-alone movies. People want franchises. So this time round, let's greenlight Rollerball 2 and Rollerball 3 at the same time as we start work on the first one.

MGM EXEC #1: Isn't that jumping the gun a little? What if people aren't interested in Rollerball sequels?

MGM EXEC #2: Well, in that case we'd hit 'em with Rollerball prequels!

MGM EXEC #1: You're a genius. We can't lose. Who needs James Bond?

[Trident]

I wonder if MGM execs are having the following conversation:

MGM EXEC #1: Okay, so James Bond is on hold, and Red Dawn and The Hobbit are also in trouble. What should we do?

MGM EXEC #2: I know! Let's remake Rollerball - it's a guaranteed smash.

MGM EXEC #1: Wait, didn't we do a Rollerball remake almost a decade ago? If memory serves, it flopped and was panned.

MGM EXEC #2: Almost a decade ago? That's ancient history! Sounds to me like the Rollerball franchise is ripe for a reboot!

MGM EXEC #1: What Rollerball franchise? Rollerball was never a franchise.

MGM EXEC #2: Which is precisely the mistake we made before. No one's interested in stand-alone movies. People want franchises. So this time round, let's greenlight Rollerball 2 and Rollerball 3 at the same time as we start work on the first one.

MGM EXEC #1: Isn't that jumping the gun a little? What if people aren't interested in Rollerball sequels?

MGM EXEC #2: Well, in that case we'd hit 'em with Rollerball prequels!

MGM EXEC #1: You're a genius. We can't lose. Who needs James Bond?

You'll immediately report at your local police station and give back those FBI-tapes...

[Rufus Ffolkes]

Looks like the owners of MGM just don't know when to quit:

http://www.studiobri...void-lions-den/

MGM’s owners, who include Providence Equity, TPG Capital, Sony, and Comcast, are developing plans with lenders to convert debt to equity and to borrow at least enough new money to get already-produced films such as Red Dawn and Cabin in the Woods released and to get the next James Bond and The Hobbit movies into production.

I have to say, I really hope EON refuses to play ball with the studio, even if it means putting the series on hold indefinitely. MGM needs to die already - it can't be allowed to limp along for another decade.

[DamnCoffee]

If they borrow any more money, they'll just get more and more in debt. Idiots.

[Quantumofsolace007]

Looks like the owners of MGM just don't know when to quit:

http://www.studiobri...void-lions-den/

MGM’s owners, who include Providence Equity, TPG Capital, Sony, and Comcast, are developing plans with lenders to convert debt to equity and to borrow at least enough new money to get already-produced films such as Red Dawn and Cabin in the Woods released and to get the next James Bond and The Hobbit movies into production.

I have to say, I really hope EON refuses to play ball with the studio, even if it means putting the series on hold indefinitely. MGM needs to die already - it can't be allowed to limp along for another decade.

Happily or Sadly I believe they are going to play ball with MGM.

007.com is announceing a new bond Project which I believe is Bond 23.


As for the often rumoured Bloodstone my money is that will be released next year and converted to Bond 23's tie in video game.

[Zorin Industries]

Positive thinking there, Solace007, but it will sadly not be the announcement of BOND 23.

[DamnCoffee]

If Bond 23 was being announced, I'm sure that the 'New Adventure' thing would not be at the bottom of the screen, in a small box.