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MGM Off Life Support?

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Rumours are afoot that Spyglass Entertainment’s work to clear up MGM’s debt (and, I would assume, takeover the company) means that both the Hobbit and the next Bond movie will begin production next week.

Sir Ian McKellan has mentioned in an interview that he was set to be Gandalf in January. Does that mean the filming will start then or something else entirely? Nobody knows yet.

And word is that Sam Mendes has passed on a recent project because he expects the new Bond film, which he is to be directing, to gear up next year.

Good news, both of those, if they turn out to be true. Right now, it’s all rumour and parsing information out of flippant remarks.