Red Dawn put on the shelf?

Originally published at Notes from the bunker…. You can comment here or there.

Frak! According to the Wikipedia entry for MGM, their bankruptcy has put the Red Dawn remake on the shelf.

MGM’s crisis has affected the production and release of its upcoming films. As a result of the sale, EON Productions’ Michael G. Wilson and Barbara Broccoli announced that production of a proposed 23rd James Bond film has been suspended “indefinitely”.[126] MGM has also shelved its remake of Red Dawn, as the studio has “no money to really finish the film, much less pay for a release”.[127] Other projects share the same situation; The Matarese Circle (based on Robert Ludlum’s novel, under the direction of David Cronenberg and contemplatively starring Denzel Washington and Tom Cruise), and the expected reboots to the RoboCop franchise, by screenwriter David Self and film director Darren Aronofsky and The Three Stooges franchise.[128]