According to a Daily Star, A Popular News Agency based in UK, MagaMetro-Goldwyn-Mayer, which owns the 007 franchise, is in financial turmoil and is set to be bailed out by Indian movie giants Reliance Big Pictures.
Reliance Big Pictures is a company owned by Anil Ambani who wants to snap up MGM for a knockdown price of about $1.5billion. Sources close to the tycoon reckon he wants to buy MGM to help his bid to become the world’s most powerful movie mogul.
Anil Ambani already owns a stake in Steven Spielberg’s DreamWorks studio and has struck deals with Brad Pitt, George Clooney,Jim Carrey and Julia Roberts to develop their films.
If the deal goes ahead, Ambani will gain the rights to the
MGM plan to release a new Bond film in 2011, starring
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