MGM Studios is teetering on the brink of bankruptcy, leaving even high-profile film projects like The Hobbit and Bond 23 (the working title for the latest James Bond film) in limbo. No one wants to stake the money to make the films for fear of losing their investment in a bankruptcy proceeding.
Perhaps the studio should try a new business model. It is only in recent times that art has been considered a profitable commodity. In centuries past, wealthy patrons paid artists to create works that would please the patron. With the Internet's ability to raise funds for causes, why can't the artist-patron model be adapted for the motion picture arts? Donors could contribute towards movies they would like to see. I for one would be willing to pony up to see Daniel Craig in another Bond film.
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It's unfortunate, but if someone saw value in it, they would scoop it up lock, stock and barrel. And they may still. Remember that bankruptcy is (generally) just reorganization, not liquidation. But even in liquidation, the valuable parts are saved, while those that are not get tossed.
I'd also pony up for another Bond flick.
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