LOS ANGELES  - Add 20th Century Fox to the list of studios looking to distribute upcoming MGM films, including, of course, the next installment in the James Bond franchise.

The new MGM management team of Gary Barber and Roger Birnbaum has been talking informally to Paramount, where the duo have a long-standing relationship. But last Friday, they also listened to a pitch from top Fox executives, who argue that their studio would do the best job exploiting Bond, as well as other future MGM films. They also believe they could wring the most out of the MGM library.

Fox has had a longstanding deal to distribute MGM movies on DVD and its films overseas, though that pact is set to expire in September. The risk-averse studio had a disappointing year at the box office in 2010.

The other contender for a deal with MGM is Sony Pictures, which successfully released the last two Bond films and is said to be on good terms with the Broccoli family, owner of the Bond rights. The negotiation is likely to be sorted out in the next couple of weeks.