James Bond movie postponed indefinitely by MGM

James Bond, who is known to have the best tech gadgets on the planet, the coolest cars and the most gorgeous women at his beck and call, finally seems to be a victim of recession. According to MGM, the next installment of the long-running hit franchise has been postponed indefinitely. The reason behind this seems to be the uncertainty surrounding MGM’s future and the failure to close a sale of the studio. MGM, which put itself up for sale last year, is in a debt of about $3.7 billion.