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Terminator franchise up for sale

November 2, 4:57 PM - Orange County Movie Examiner

Production company, Halcyon, is to auction off the rights to the Terminator franchise.

According to the Financial Times, the deal will test Hollywood intellectual property valuations at a time when film industry profits are under pressure from falling DVD sales. The last time the rights were sold (from producer Mario Kassar to Halcyon) they went for $25m.

Considerable interest is being shown in the auction of the franchise which, besides its success, is an industry rarity in that it is a blockbuster film franchise not controlled by a big studio. In a, therefore, quite natural turn of events, all the big film studios have reportedly registered an interest in the rights with Sony Pictures rumoured as a leading contender.

The auction, happening this month, comes only a few weeks after the rights to the Teenage Mutant Ninja Turtles were sold for $60m. “We have a property that has made three times the box office,” stated senior managing director of FTI, Kevin Schultz. FTI is handling the sale for Halcyon after the latter sought bankruptcy protection.

The latest film to come out of the franchise, Terminator Salvation, was released to mixed reviews earlier this year but still went on to gross $380m worldwide.

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Summer Glau sold seperately.

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Originally posted by ImNotHere:
Fear not!

Our Big Damn Hero is onto it:

http://news.bbc.co.uk/1/hi/entertainment/8342203.stm

They did say "lowest unique bid wins" didn't they?

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Whedon's ideas for rebooting the Terminator series included "more porn" and stopping the series from "getting less cool".

In Terminator Of The Rings, he explained, the ring would have "no power" over the titular cyborg, allowing him to "carry it, and Frodo, and Sam" at the same time as fighting off orcs.

"This stuff just comes to me," he wrote, adding, "I will also offer $10,000 for the Lord of the Rings franchise".

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