JAMES BOND WILL RETURN

MGM plans to spend as much as $125 million on operations in the next 15 weeks. MGM said it’s has already spent $20 million to fund production of films based on J.R.R. Tolkien’s novel… New James Bond films may be released every second year starting in November 2012, MGM said. It aims to own 50 percent of Bond 23, due out that year, with an equal partner paying all of the production costs, it said. Later Bond movies would be wholly owned and funded by MGM, the company said.