TERMINATOR Owners Delay Judgment Day For Their Company

by     Posted 5 years, 44 days ago

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The producing duo behind “Terminator Salvation” aren’t in the best financial situation. In August, Derek Anderson and Victor Kubicek filed for Chapter 11. Now, a U.S. Bankruptcy judge has freed up some money that will allow the duo’s company, Halcyon Co. to continue developing future “Terminator” movies during its ongoing lawsuit with its lenders. The Los Angeles judge freed up $2.1 million in tax rebates the company is owed. More on this exhausting legal nightmare after the jump.

terminator_salvation_final_one_sheet_movie_poster_.jpgTo buy the “Terminator” franchise, Halcyon took out a $30 million dollar loan from a hedge-fund company called Pacificor in 2007, according to Variety. Halcyon now claims that (despite its peaceful sounding name) Pacificor tried to push Halcyon into default so it could seize the “Terminator” franchise and sell it. The duo also accuses Kurt Benjamin, who helped them set up the deal with Pacificor, of extortion and double dealing. They claim he tried to sabotage their relationship with Pacificor. Benjamin, of course, denies these allegations. Fun, right? It’s like high school all over again.

“Terminator Salvation” wasn’t a huge moneymaker. The film had a $200 million dollar budget and raked in about $371 million in worldwide box office receipts. It was profitable, but for the most expensive “Terminator” movie, it pulled in $60+ million less than “Rise of the Machines,” and $145 million less than James Cameron’s “Terminator 2: Judgment Day,” which pulled more than $516 million at half the budget. Fox has also canceled “Terminator: The Sarah Connor Chronicles” after its ratings fizzled in early 2009.

Anderson and Kubicek don’t want to sell the franchise, valued at more than $70 million, and already have plans for several more movies. I wish they’d sell. Its safe to say that “Terminator Salvation” was terrible. Our review says as much. The director, McG, admitted it in an august interview. Even Sam Worthington talked to us about some of the problems with the film. I know they’re huge fans of the franchise and all, but I don’t think they have what it takes to bring “Terminator” back as a respected franchise. Christian Bale was not the right choice for John Connor, and until they admit that and some of the other fundamental issues of the film, we don’t need them spending cash developing another sequel.




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  • Droncz92

    I would think its Karma for allowing such a crappy movie to be made.

    When the 5th movie comes out, may God strike down the persons involved that allow it to be crappy as well.

  • Droncz92

    I would think its Karma for allowing such a crappy movie to be made.

    When the 5th movie comes out, may God strike down the persons involved that allow it to be crappy as well.

  • blueyes

    And who exactly would have play John Conner? I thought and still do think Bale was a great choice it was the film the writing and the editing of that film that was the problem not the acting or any of the actors. Why don’t you admit that first. Stop laying the blame on the only known name that’s attached to this movie.

  • blueyes

    And who exactly would have play John Conner? I thought and still do think Bale was a great choice it was the film the writing and the editing of that film that was the problem not the acting or any of the actors. Why don’t you admit that first. Stop laying the blame on the only known name that’s attached to this movie.

  • blueyes

    And who exactly would have play John Conner? I thought and still do think Bale was a great choice it was the film the writing and the editing of that film that was the problem not the acting or any of the actors. Why don’t you admit that first. Stop laying the blame on the only known name that’s attached to this movie.

  • J.White

    Remember in the trailer where Conner/Bale touches Kates’/Bryces’ baby bump? (Go back and look & you will) Or the underwater terminator at the very end of the teaser trailer? OR the “Win or lose this war ends tonight.”
    Its as if someone walked in and said “McG, I am telling you to cut out every meaningful moment in this movie.”
    If McG has a true ‘DIRECTORS CUT’ I think we will all be surprised.

    Oh, and Bale played Conner perfectly, how conflicted, angry and cold would you be if you were looked as the savior of humanity.

  • J.White

    Remember in the trailer where Conner/Bale touches Kates’/Bryces’ baby bump? (Go back and look & you will) Or the underwater terminator at the very end of the teaser trailer? OR the “Win or lose this war ends tonight.”
    Its as if someone walked in and said “McG, I am telling you to cut out every meaningful moment in this movie.”
    If McG has a true ‘DIRECTORS CUT’ I think we will all be surprised.

    Oh, and Bale played Conner perfectly, how conflicted, angry and cold would you be if you were looked as the savior of humanity.

  • J.White

    Remember in the trailer where Conner/Bale touches Kates’/Bryces’ baby bump? (Go back and look & you will) Or the underwater terminator at the very end of the teaser trailer? OR the “Win or lose this war ends tonight.”
    Its as if someone walked in and said “McG, I am telling you to cut out every meaningful moment in this movie.”
    If McG has a true ‘DIRECTORS CUT’ I think we will all be surprised.

    Oh, and Bale played Conner perfectly, how conflicted, angry and cold would you be if you were looked as the savior of humanity.

  • arthur

    Sell the rights. What did you do with them? You made a disappointing T4.
    Why spend 300 million on a disappointing movie when you could simply renew Terminator: The Sarah Connor Chronicles which was absolutely outstanding.

    I hope you guys are forced to sell to someone who can appreciate just how good the TV series was and put it back in production.

  • arthur

    Sell the rights. What did you do with them? You made a disappointing T4.
    Why spend 300 million on a disappointing movie when you could simply renew Terminator: The Sarah Connor Chronicles which was absolutely outstanding.

    I hope you guys are forced to sell to someone who can appreciate just how good the TV series was and put it back in production.

  • arthur

    Sell the rights. What did you do with them? You made a disappointing T4.
    Why spend 300 million on a disappointing movie when you could simply renew Terminator: The Sarah Connor Chronicles which was absolutely outstanding.

    I hope you guys are forced to sell to someone who can appreciate just how good the TV series was and put it back in production.

  • jk

    They should forget all about T5 and continue The Sarah Connor Chronicles instead.

    Check out savethescc [dot] com – there are people trying to save the show.

  • jk

    They should forget all about T5 and continue The Sarah Connor Chronicles instead.

    Check out savethescc [dot] com – there are people trying to save the show.

  • jk

    They should forget all about T5 and continue The Sarah Connor Chronicles instead.

    Check out savethescc [dot] com – there are people trying to save the show.

  • Will

    Yeah, save the sarah connor chronicles is really the best campaign, I give credit to Halycon for having a big part in the show, but the movie was really kind of a distraction and though legendary monument to the franchise.

  • Will

    Yeah, save the sarah connor chronicles is really the best campaign, I give credit to Halycon for having a big part in the show, but the movie was really kind of a distraction and though legendary monument to the franchise.

  • kirirur

    I agree with jk: forget about the film and bring back “Terminator: The Sarah Connor Chronicles”! It is a lot of ways better then the “Salvation”.

  • kirirur

    I agree with jk: forget about the film and bring back “Terminator: The Sarah Connor Chronicles”! It is a lot of ways better then the “Salvation”.

  • Amir Bailla Nyland

    I should be the next termanator.

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