Terminator rights sell for $29.5 million

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Costanza

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I've learned that the auction for the Terminator movie rights just ended after a marathon bidding session today that streched from 3 PM this afternoon until 8 PM tonight. Both Sony Pictures and Lionsgate separately were bidding for the franchise, and then joined up after the first round was completed. But the studios didn't come away the winners -- which, I'm told, prompted a furious Sony Pictures Entertainment's president of worldwide affairs Peter Schlessel to "storm out" of the Downtown LA offices of FTI Capital Advisors which was holding the auction. Instead, 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 keeps the revenue streams from the movies Terminator 3 and 4. An arrangement also was made that the sale now wipes out the debt Halcyon owed Pacificor. The deal is subject to approval by the bankruptcy court. It will be presented to the judge at a hearing on Thursday. Back on May 9, 2007, rights to the Terminator series passed from producers Andy Vajna and Mario Kassar to the privately funded Halcyon Co (formed by entrepreneurs Victor Kubicek and Derek Anderson) for a reported $30 million.
http://www.deadline.com/hollywood/terminator-rights-sell-for-29-5-mil/
 
MAKE IT STOP.

The franchise is dead. Abso-fucking-lutely dead. I would have thought Salvation proved that to these people, but they still want to keep the bitch on life support. The story is so incredibly convoluted that it doesn't make one lick of sense anymore.

Just end it, Halcyon. Terminator is DEAD. It should have ended after T2, but no, they just keep on milking it. It's beyond saving.
 
Don't care who owns the rights as long as we get an installment that features characters jumping between pivotal scenes from the series to further disrupt the timeline.
 
It saddens me how hard Terminator has been driven into the ground. Terminator 2 is one of my favorite actions movies of all time.
 
30 millions. Cameron could have brought it with snack money and keep it from every made again.

In face he should buy it and announce the 4 is not "canon" to fuck with McG, or whatever you spell it.
 
I'm skeptical this franchise can be resurrected. Terminator 1 was a great sci-fi film. Terminator 2 was a great action flick. Terminator 3 and 4 sucked ass.

How do you make people care again? A remake of the original?
 
Back on May 9, 2007, rights to the Terminator series passed from producers Andy Vajna and Mario Kassar to the privately funded Halcyon Co (formed by entrepreneurs Victor Kubicek and Derek Anderson) for a reported $30 million.

Man, that guy must've had a rough childhood.
 
a Master Ninja said:
I'm skeptical this franchise can be resurrected. Terminator 1 was a great sci-fi film. Terminator 2 was a great action flick. Terminator 3 and 4 sucked ass.

How do you make people care again? A remake of the original?
By making a good movie in the series again.

I still haven't seen 3 or 4; probably should get around it some day, when I'm in the mood for some shitty action movies.
 
GhaleonEB said:
By making a good movie in the series again.

I still haven't seen 3 or 4; probably should get around it some day, when I'm in the mood for some shitty action movies.
Nah, don't bother. Just pretend like it all ended after T2, like it clearly should have. Ignorance is bliss. I wish I could go back and unsee T3 and Salvation. You don't realize how lucky you are.
 
BertramCooper said:
Nah, don't bother. Just pretend like it all ended after T2, like it clearly should have. Ignorance is bliss. I wish I could go back and unsee T3 and Salvation. You don't realize how lucky you are.
Hmm. Good point. That's basically what I've done with the Alien series - it ended at Aliens, as far as I'm concerned - but I saw the last two and did kind of regret it. I want the time I spent watching Resurrection back. :\
 
GhaleonEB said:
Hmm. Good point. That's basically what I've done with the Alien series - it ended at Aliens, as far as I'm concerned - but I saw the last two and did kind of regret it. I want the time I spent watching Resurrection back. :\
ITA. It's pretty much the same deal. Alien3 was an absolute disgrace, and I actually hate it quite a bit more than Resurrection because it totally screwed up Aliens' ending. Apparently Cameron was super pissed off about that - and for good reason.

But oh well. Alien is perfect, and thankfully, that will never change. Aliens is fantastic, too, but Alien is a bona fide masterpiece.
 
I love how in the post-apocalyptic world of Terminator Salvation everyone had stunningly beautiful, perfectly white teeth.

That McG is a stickler for details.
 
Meh, I'm a sucker for Terminator. I love the idea. T2 is one of my favorite movies of all time, and T1 is a fucking classic.
 
I still reckon they should of made a Terminator movie set in the future, in the T2 future we saw.

Not the semi future but not quite there yet which T4 was.
No laser guns = fail
 
OuterWorldVoice said:
BATMAN VOICE

He used a deeper voice but it wasn't the Batman voice. I don't get why I've seen some people say that.

Though Worthington was the best part about T4. Liked him a lot in it.

Persona7 said:
I hated 3 but loved salvation.

Pretty much this. I really liked Salvation a lot. Great action movie.
 
PantherLotus said:
It's funny that Worthington gets retroactively better because of Avatar.

Hm? I was saying that when it first came out. I saw a few people on GAF say that in the midst of all the hate the movie got.
 
GhaleonEB said:
Hmm. Good point. That's basically what I've done with the Alien series - it ended at Aliens, as far as I'm concerned - but I saw the last two and did kind of regret it. I want the time I spent watching Resurrection back. :\
The link to Alien 3 was plausible. Literally bringing Ripley back from the dead... Not so much. We won't even get into the trash that is AVP.

Alien 3 didn't screw up any endings. How would it even do that? Sorry, but if you can get a queen alien on a ship in 10 seconds without anybody seeing, she'd have easily been able to lay an egg in what little extra time she had. I always assumed she rode in the landing foot compartment to the sulaco, but it's a stretch any way you look at it.
 
BertramCooper said:
I love how in the post-apocalyptic world of Terminator Salvation everyone had stunningly beautiful, perfectly white teeth.

That McG is a stickler for details.

Socialist dental-care.

What's really stunning (at least as far as I'm concerned) was that a giant killerrobot the size of the empire state building manages to sneak up on a cabin in the desert without anyone noticing.
 
It would have been easy to make a great Terminator movie... get rid of the fucking time travel. After T2 that shit was unnecessary. Too many revisions of the fucking timeline now.
 
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buh nuh nuhhhhhhhhhhhh da dun dun dunnnnn
 
neorej said:
Socialist dental-care.

What's really stunning (at least as far as I'm concerned) was that a giant killerrobot the size of the empire state building manages to sneak up on a cabin in the desert without anyone noticing.

Okay THAT was silly. :lol I liked the movie a lot but even Worthington mentioned that being silly in an interview.
 
Yasae said:
The link to Alien 3 was plausible. Literally bringing Ripley back from the dead... Not so much. We won't even get into the trash that is AVP.

Alien 3 didn't screw up any endings. How would it even do that? Sorry, but if you can get a queen alien on a ship in 10 seconds without anybody seeing, she'd have easily been able to lay an egg in what little extra time she had. I always assumed she rode in the landing foot compartment to the sulaco, but it's a stretch any way you look at it.
It may have been plausible but that doesn't change it from being shit and, if considered canon, makes Aliens into a giant waste of time. Why kill of Newt and Hicks? WTF!
Hated that movie. Aliens is my favourite all time movie however.

On topic, I never saw Salvation because I heard that it was basically the polar opposite of its namesake. That and the whole "trash your lights" thing, I couldn't really take it seriously after that.
Why did Sony back out at that much? Seems like chump change to me. Both them and Lionsgate together couldn't pony up over 30 mill? That's not a lot of money in that biz.
 
Scullibundo said:

On that note, Stan Winston's got mad skills.

Stan Winston's Filmography according to Wikipedia said:
* The Autobiography of Miss Jane Pittman (1974)
* Heartbeeps (Oscar Nomination) (1981)
* The Thing (1982)
* The Terminator (1984)
* Ghoulies (1985)
* Invaders from Mars (1986)
* Aliens (Oscar Winner) (1986)
* The Monster Squad (1987)
* Predator (Oscar Nomination) (1987)
* Pumpkinhead (1988)
* Leviathan (1989)
* Edward Scissorhands (Oscar Nomination) (1990)
* Predator 2 (1990)
* Terminator 2: Judgment Day (Oscar Winner) (1991)
* Batman Returns (Oscar Nomination) (1992)
* Jurassic Park (Oscar Winner) (1993)
* Interview with the Vampire (1994)
* Congo (1995)
* The Ghost and the Darkness (1996)
* The Island of Doctor Moreau (1996)
* T2 3-D: Battle Across Time (1996)
* The Relic (1997)
* Ghosts (1997)
* The Lost World: Jurassic Park (Oscar Nomination) (1997)
* Mouse Hunt (1997)
* Small Soldiers (1998)
* Instinct (1999)
* Lake Placid (1999)
* Inspector Gadget (1999)
* End of Days (1999)
* Galaxy Quest (1999)
* Pearl Harbor (2001)
* A.I. (Oscar Nomination) (2001)
* Jurassic Park III (2001)
* The Time Machine (2002)
* Darkness Falls (2003)
* Big Fish (2003)
* Terminator 3: Rise of the Machines (2003)
* Wrong Turn (2003)
* Constantine (2005)
* Zathura (2005)
* Doom (2005)
* The Shaggy Dog (2006)
* The Benchwarmers (2006)
* Skinwalkers (2006)
* Iron Man (2008)
* Indiana Jones and the Kingdom of the Crystal Skull (2008)
* Terminator Salvation (2009)
* Avatar (2009)
* Endhiran (2010)
 
I should be doing hw said:
It may have been plausible but that doesn't change it from being shit and, if considered canon, makes Aliens into a giant waste of time. Why kill of Newt and Hicks? WTF!
Hated that movie. Aliens is my favourite all time movie however.
What actual relevance did they have besides being warm bodies? It didn't make Aliens a waste of time. They nuked the goddamn place and ultimately only ONE creature survived. I'd count that as a success. Resurrection brings back a dead woman (and a species that was wiped from existence) via cloning a DNA sample on ice from who knows when. That's the time waster, not Alien 3. It's in the name but that's no excuse.

Plus the third film had a better score than the others, even if Jerry Goldsmith, James Horner, and John Frizzel (plus orchestrators) had their moments.

But enough about that. The terminator franchise is dead all the same. T3 sucked; TV show got killed despite mild potential; T4 sucked. I'm not sure a purchase will make the sucking stop.
 
That seems pretty low for a franchise like Terminator. Movies and whatnot can easily cover the 29.5 million even if they suck donkey dick.
 
BAW said:
That seems pretty low for a franchise like Terminator. Movies and whatnot can easily cover the 29.5 million even if they suck donkey dick.

You do realise its 29.5m for the RIGHTS to make the movie, not 29.5 mil budget to make the movie itself. :lol
 
The problem with making a good Terminator movie is that it's always going to be compared to Terminator 2, which is the best movie of all time.


Terminator 3 and 4 were good movies, they just weren't good Terminator movies.


Yasae said:
But enough about that. The terminator franchise is dead all the same. T3 sucked; TV show got killed despite mild potential; T4 sucked. I'm not sure a purchase will make the sucking stop.

Huge understatement.
 
Kurtofan said:
The franchise needs a reboot.

Yep this is one franchise reboot i could agree with.

Also the future visions were fun in short bursts but a whole film set there was always going to be lacking.
 
Dabanton said:
Yep this is one franchise reboot i could agree with.

Also the future visions were fun in short bursts but a whole film set there was always going to be lacking.

Shutup shutup shutup! Not everything needs to exist in theatres all the time. The franchise needs to be allowed to DIE. It needs to fucking die already. It doesn't need a goddamn reboot.

How about since the prequels were so bad we reboot Empire Strikes Back. How about we reboot Godfather since Godfather part III was so terrible? Should Raiders be remade?
 
LAUGHTREY said:
The problem with making a good Terminator movie is that it's always going to be compared to Terminator 2, which is the best movie of all time.
The fact alone that it made Arnold Schwarzenegger look like a competent, dare I say good actor is amazing. Not just any old director can pull that off.
 
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