TDGI: Exactly what we were hoping for. MGM 4000 title catalog gets chopped up and sold off in pieces. A great way for TDGI to snag a piece the right size for us to handle.
Housed in leased space in a Century City officer tower, MGM no longer has a studio lot to sell. Primarily, the Lion comprises a 4,000-title film library and an executive corps in charge of exploiting the catalog over various distribution platforms; movie development has all but ground to a halt because of the studio's money woes.
But the library doesn't have to be sold to any one party, and there is gathering interest in chopping off the James Bond catalog -- along with 007 moviemaking rights -- for sale to one bidder, while others are allowed to bid on the rest of the library and other studio assets. Parent companies to Warner Bros., Fox and Sony would be among the most eager bidders for Bond rights.