Film bosses have put the next James Bond film on hold.

The film, which was scheduled for release November 18, 2005, will not be hitting cinemas in its traditional November slot as originally planned reports Comingsoon.

MGM confirmed that the studio have not yet been able to find a director for the action film. A lead actor to play 007 has also not been finalised.

Producers reportedly are planning to meet next month to decide whether to aim for a Summer 2006 or November 2006 release date.

The script will be written by Neal Purvis and Robert Wade, the team that wrote Die Another Day and The World Is Not Enough.

Source: Press Release