Over the past few months it’s been no secret that the producers who own the rights to Terminator have been involved in a heated legal battle over the property. The Terminator franchise rights will officially be auctioned off this month, so how much is the series worth to Hollywood?
Many studios are interested in taking on the Terminator property because it’s one of the few film franchises that’s not owned by a major studio. Some of the names of possible buyers include Media Rights Capital, Sony, and those money grubbers over at Summit Entertainment. The rights will give the buyer the ability to make new Terminator films, TV programmes and other spin-offs that build on the popularity of the franchise.
Terminator is being auctioned off by Halcyon, the production company that brought us last summer’s modest hit, Terminator Salvation. Supposedly, the new deal doesn’t cover previous Terminator films, just future projects, therefore the new owners will have no stake in Terminator or T2: Terminator Judgment Day. [via FinancialTimes]