Sony Bids on the TERMINATOR Franchise, Wants to Terminate Lionsgate

by Steve 'Frosty' Weintraub    Posted:February 4th, 2010 at 8:50 pm


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As most of you know, the Halcyon Group put the Terminator franchise up for sale in September of last year.  Up for grabs are all future rights to Terminator TV series, DVDs, merchandise, and, of course, feature films.  This is one of the reasons a sequel to McG’s Terminator Salvation hasn’t happened yet.

With bidding for the rights to the Terminator franchise set to close today, I was wondering who was going to step forward at the last minute and submit an offer.  While Lionsgate submitted a bid last month (they offered  $15 million and a 5% cut of future gross receipts), Sony decided to get in the ring today as they also submitted an offer.

More after the jump:

Terminator 2 movie image Arnold Schwarzenegger (2).jpgWhile it’s unclear how much Sony bid for the franchise, we’ll all know who soon as Variety reports “there is a meeting Monday at the offices of FTI Consulting in Los Angeles, followed by a bankruptcy court hearing two days later.”

While Terminator Salvation didn’t make the money domestically that people expected, internationally it was another story.  That’s because $246 million of the $372 million came from outside the United States.  And while WB distributed the movie here in America, Sony handled the film abroad.  What that means is, they probably did very well with the movie and would love to own the rights.

Also, while Terminator: The Sarah Conner Chronicles never became a huge hit on Fox, it definitely had an audience.  If Sony landed the rights to the franchise, perhaps they’re going to try again on the small screen.

The fact is, the franchise is still valuable, so I’m very confident we haven’t seen the last Terminator movie.  More as we get it.

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6 Comments

User Comments (6 Responses)
  1. blackbox2342 @

    Interesting here, I hope whoever picks it up doesn't make a salvation sequel but instead a reboot of the old movies. Why do I also feel the next Terminator movie will be in 3D?

  2. Kevin Wales @

    IMO that is great news – perhaps they will use their wealth to contract out the best people. We know this series has a very big Japanese fan following.

  3. junierizzle @

    Whoever gets it, I hope they don't contiue the crap that was TERMINATOR SALVATION. And please don't let MCG near anything they do.

  4. Michael @

    I hope whoever obtains the franchise releases the cut that was promised to us by McG back in April of 2009 with 30-40 minutes of added footage. I think by not releasing that on the home video formats was such a failure on WB's part. I thought the only thing really missing from Salvation was the character development. The action was awesome, the tone was there, but you didn't really care for the characters. Hell, Conner and his wife were going to have a child. NOTHING was mentioned by the two about the future of the child. You just didn't care for them because you had no sense any characters cared for anything. Well, except for Marcus.

  5. junierizzle @

    Whoever gets it, I hope they don't contiue the crap that was TERMINATOR SALVATION. And please don't let MCG near anything they do.

  6. Michael @

    I hope whoever obtains the franchise releases the cut that was promised to us by McG back in April of 2009 with 30-40 minutes of added footage. I think by not releasing that on the home video formats was such a failure on WB's part. I thought the only thing really missing from Salvation was the character development. The action was awesome, the tone was there, but you didn't really care for the characters. Hell, Conner and his wife were going to have a child. NOTHING was mentioned by the two about the future of the child. You just didn't care for them because you had no sense any characters cared for anything. Well, except for Marcus.


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