Reports Commanderbond.net, "It’s not set in stone, but MGM has announced that new James Bond films starting with Bond 23 may be released every second year starting in November 2012. Right now MGM is only wanting to own 50 percent of Bond 23 with an equal partner paying all of the production costs. Further 007 adventures would be wholly owned and funded by MGM... Still unknown is whether MGM plans to continue to distribute the James Bond films. Much speculation has been made saying they won’t which could open a battlefront for distribution rights to the lucrative series. Columbia Pictures, Warner Bros, Fox, and Paramount are said to already be in contention."
Naturally the studio will have to go through the bankruptcy process before definite plans settle out.