‘The Hobbit’ Could Cost $500 Million; What Does That Mean For Bond 23?

By Germain Lussier/Oct. 5, 2010 5:00 pm EST

That’s a big chunk of change for a movie backed by a bankrupt studio. The story continues, and here’s where MGM’s biggest franchise – James Bond – comes in:

I can confirm a New York Times report that they’re locked into a 3D two-picture shoot that will cost around $500 million.

So, according to this report, it’s almost like a professional sports. The Hobbit goes to Warner Brothers, James Bond becomes a free agent and possibly goes to Paramount, who is desperate for a franchise player since Marvel is soon moving to Disney. Got all that? Don’t forget the player to be named later and a 4th round draft pick to boot.

$500 for two 3D movies. That seems a bit excessive, no? And if James Bond does go to another studio, will you feel any different without the trademark roaring MGM lion in front?