14 January 2013 4:25 PM, PST | cinemablend.com | See recent Cinema Blend news »

When MGM declared bankruptcy a few years ago there were two franchises in particular that were in mortal danger: James Bond and The Hobbit. With the studio in dire straits there was some legitimate concern that peter Jackson would never be able to venture back into Middle Earth and that Daniel Craig would never again suit up as 007. But 2012, of course, changed all that. After MGM was sold production started on both Skyfall and The Hobbit: An Unexpected Journey and both movies were some of the biggest hits of last year, both movies combined making nearly $2 billion worldwide. So it's only natural that MGM would start dreaming big, and they're doing so by remaking one of the biggest epics of all time. According to Deadline, MGM is now developing a re-do of Ben-Hur, which was most famously done back in 1959 with director William Wyler and star Charleton Heston. The studio »

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