The production of the next James Bond film has been suspended "indefinitely" because of uncertainty over the future of film company MGM, producers say.Producers Michael Wilson and Barbara Broccoli said they did not know when work on the 23rd Bond film would resume and there was no date for its release.
The latest Bond, due to star Daniel Craig as 007 for the third time, had been due out in 2011 or 2012.
James Bond is the longest running franchise in film history.
Wilson and Broccoli, of EON Productions, said: "Due to the continuing uncertainty surrounding the future of MGM and the failure to close a sale of the studio, we have suspended development on Bond 23 indefinitely."
Daniel Craig, who made his Bond debut in Casino Royale in 2006, said: "I have every confidence in Barbara and Michael's decision and look forward to production resuming as quickly as possible."
Craig is the sixth actor to play the British secret agent after Sean Connery, George Lazenby, Roger Moore, Timothy Dalton and Pierce Brosnan.
MGM - Metro-Goldwyn-Mayer - is home to some of the most famous franchises in cinema history, also including the Pink Panther.
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