Terminator rights to go up for auction

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n3wt's Avatar
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\m/ Fade To Black \m/
09-29-09
Terminator producers Derek Anderson and Victor Kubicek are selling their rights to the science fiction franchise.
According to the Los Angeles Times, companies owned by the pair are bankrupt and FTI Capital Advisors have been hired to "evaluate strategic alternatives".
The duo's Halcyon Holding Group's most valuable asset is the Terminator series rights, which they purchased in 2007 for around $25 million.
"We're going to be contacting a variety of studios and independent companies," said FTI senior managing director Kevin Shultz. "We think the values are considerably in excess of the purchase price."
Earlier bankruptcy court filings have the rights pegged at a $60 million valuation based on the box office performance of Terminator Salvation and its forthcoming DVD and Blu-ray release.
Anderson has claimed that Sony Pictures expressed an interest in purchasing Terminator outright, but the studio has declined to comment.

Quote from Digital Spy
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Iroquois's Avatar
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Welcome to the human race...
09-29-09
Judging by how the series has gone the same way of the Alien franchise (two good movies followed by two bad movies), I certainly hope not.
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02-09-10
Terminator Rights Sold at Auction



According to Deadline Hollywood the rights were sold today during a bidding war that lasted 5 hours. Both Sony (who distributed Terminator Salvation) and Lionsgate were interested in the rights, with the latter hoping to make “a complete re-boot, back to basics, with real emotional stories, and effects that will be secondary.”

Unfortunately for both studios they were outbid…by an investment advisor.

Halcyon Holding Corp accepted the $29.5 million bid from, of all parties, the debtholder which pushed it into bankruptcy, Santa Barbara-based hedge fund Pacificor. (This is the same Pacificor whom Halcyon accused in a lawsuit of extortion, bribery, and fraud and demanded $30M in damages.)

Tonight, Sony and Lionsgate dropped out at just under $29.5 million when it became clear that Pacificor “was willing to pay almost any amount of money for Terminator,” an insider tells me. Halcyon will receive $5 million for every Terminator movie made from now on, as well as retains the rich revenue streams from the movies Terminator 3 and 4.
Ideally James Cameron would have turned up to the auction by private jet, outbid everyone for the franchise he created, and put the rights in a safe for 10 years so nobody could expolit them. Alas, some company looking to make a quick buck will be in charge of the franchise, so we can expect either a reboot or Terminator 5 over the next few years.

Source: Filmonic



lutherdclooney's Avatar
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07-01-10
Terminator 4 sucked. A terminator 5?? suck big time.



n3wt's Avatar
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\m/ Fade To Black \m/
07-02-10
Originally Posted by lutherdclooney
Terminator 4 sucked. A terminator 5?? suck big time.
I wouldnt go that far Terminator 4 Imo far from sucked it was a great film and I very much enjoyed it. I would love to see another Terminator film (as long as they dont make the same mistake as T3)



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07-02-10
Didn't the guys who are now selling the rights buy it previously under similar conditions?



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07-02-10
Eddie Furlong will play kyle reese in the reboot.

you heard it here first.
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08-28-10
i enjoyed the 4th alot more than the 3rd so ime looking forward to a 5th.



JakeScotts's Avatar
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People Need To Re-Read **** Twice on Here
08-28-10
im assuming theres gonna be another terminator franchise with the same characters from the 4th.. which was one of the shittest movies i've ever seen.
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08-28-10
Originally Posted by JakeScotts
im assuming theres gonna be another terminator franchise with the same characters from the 4th.. which was one of the shittest movies i've ever seen.
you must of seen some sh*t films then.



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08-28-10
I want those rights, N3wt, I'll go halves with ya.

Originally Posted by n3wt
Terminator producers Derek Anderson and Victor Kubicek are selling their rights to the science fiction franchise.
According to the Los Angeles Times, companies owned by the pair are bankrupt and FTI Capital Advisors have been hired to "evaluate strategic alternatives".
The duo's Halcyon Holding Group's most valuable asset is the Terminator series rights, which they purchased in 2007 for around $25 million.
"We're going to be contacting a variety of studios and independent companies," said FTI senior managing director Kevin Shultz. "We think the values are considerably in excess of the purchase price."
Earlier bankruptcy court filings have the rights pegged at a $60 million valuation based on the box office performance of Terminator Salvation and its forthcoming DVD and Blu-ray release.
Anderson has claimed that Sony Pictures expressed an interest in purchasing Terminator outright, but the studio has declined to comment.

Quote from Digital Spy
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