ilme was planned to be released on April 2, 2020, then it was postponed to November of the same year and later, due to the health conditions of the planet, it was postponed until April 2, but now from 2021.
Every month that passes without No Time To Die hitting theaters, MGM, the production company in charge of the James Bond films, loses a million dollars. So says The Hollywood Reporter.
What happens is that by lengthening the premiere, MGM does not receive the money from the box office and, while this happens, each month the loan that it requested from the bank to finance the film 24 of Agent 007, becomes more expensive 1 million dollars due to the interests.
For now, if it is released on April 2, 2021, the film would have made its budget more expensive by 12 million dollars, only due to the delay of the launch caused by the pandemic.
“MGM is suffering. All the major studios have a good number of high-cost productions in stock. Rami Malek’s villain And more and more will accumulate. These projects are in inventory, on file without any return on your investments. Even those with low interest financing are seeing their debt increase, “said the executive director of Vogel Capital Research in the report presented by the US media.
In addition, he anticipated the possibility that the film starring Daniel Craig will not reach theaters and will be released through streaming services.
“So going the streaming route is not crazy. You have spent money that you are not going to be able to get back anytime soon,” he added.