MGM, the independent studio behind the James Bond franchise, is in "advanced talks" to sell the company to a Chinese buyer, a senior source said, according to the New York Post.

MGM, which also houses the archives of President Donald Trump's "The Apprentice," has been looking for a buyer, or an IPO.

The name of the China-based entity involved in the talks could not immediately be learned. But it's the latest in a number of China investors looking for deals in Hollywood, the Post reports.

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