It’s no secret the Terminator franchise is up for sale…again. With Warner Bros. out of the picture…again…and the latest film Terminator: Salvation being a box office failure…Deadline Hollywood picks up the news that Lionsgate is in the hunt to nab the series:
That said, I hear Lionsgate will be named the stalking horse bidder in the bankruptcy sale of the Terminator franchise. Sources tell me it wasn’t a competitive auction. (Sorry, Joss Whedon, your $10,000 offer for the rights didn’t cut it.) When last we left the tug of war over the future of The Terminator franchise, Halcyon Holding Group announced it was contemplating a sale of the rights after filing for Chapter 11 protection last August as a result of a dispute with Pacificor, a Santa Barbara-based hedge fund that lent Halcyon the sum to buy the Terminator rights in the first place.
Hopefully, if Lionsgate officially grabs the rights, they’ll know what to do with the series. Hopefully!
