MGM explored a $600 million sale of the next James Bond film 'No Time to Die' to a streaming service

MGM explored the possibility of selling "No Time to Die," the upcoming James Bond movie, to a streaming service on a $600 million deal. The movie was originally slated to debut last April, but was postponed initially to November and then to April 2021.

MGM took a $30 to $50 million hit as a result of the postponements, so far.

An MGM spokesperson stated: "We do not comment on rumours. The film is not for sale. The film’s release has been postponed until April 2021 in order to preserve the theatrical experience for moviegoers."

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Source: collider.com

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Metro-Goldwyn-Mayer

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