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Sony Bids for TERMINATOR

Sony Pictures officially puts in bid for Terminator rights.

By Jarrod Sarafin     February 05, 2010
Source: Variety


A T-800 Terminator in a scene from Warner Bros. Pictures' action/sci-fi feature "Terminator Salvation," a Warner Bros. Pictures release. The film stars Christian Bale and Sam Worthington.
© Warner Bros. Pictures

Sony Pictures has officially entered the fray into bidding rights for the Terminator franchise. Variety reports the studio entered a submitting bid into the auction on Thursday, the final day available for submission before the auction begins on Monday.

Ever since last year, when the Halcyon Group announced their intention to sell the rights to property to help them through chapter 11 bankruptcy, reports surfaced that Sony Pictures were interested in taking over the distribution rights after being co-distributor with Warner Bros.  for last year's Terminator Salvation.

If Sony hopes to win the rights from Monday's auction, the studio will have to beat out Lionsgate who entered the "stalking horse" bid earlier this month. Their bid was for $15 million and a 5% cut of future gross receipts. As the front-runner favorite for the auction, if Lionsgate doesn't win the auction next week the status mean they will receive $750,000 as a breakup fee from the winning bidder.

Halcyon Group put the franchise up for sale in September. The auction for the assets--which include the rights to future "Terminator" movies, TV series, DVDs and merchandise--will be held Monday at the offices of FTI Consulting in Los Angeles, followed by a bankruptcy court hearing two days later.

 

COMMENTS AND RESPONSES

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Hobbs 2/5/2010 10:19:52 AM

If Sony really wants it I don't see how Lionsgate can outbid them.  Which kinda sucks because they'll probably keep McChicken on as the director and finish what was the start to a horrible new trilogy.

Wiseguy 2/5/2010 10:39:17 AM

Surprised WB didn't put a bid in. Like Hobbs said, if Sony wants it Sony gets it. I wasn't crazy about Salvation and I'm definitely opposed to another time travel story as suggested for the next Terminator film but I'm still hopeful the series will get better, call me the ultimate optimist

Boombatty 2/5/2010 10:58:19 AM

I always feel like I am the only one who kinda dug T4.  I don't think is the equivalent of TDK but it did manage to rock out with it's cock out a few times.  The progression of the story fit well and had some neat twists which made it work for me but I also didn't have as high of hopes so I might be jaded by lower expectations than many here.  I still don't put it in the TF2, GIJoe, Starwars I-III, Blade 3 pantheon by any stretch.

MrJawbreakingEquilibrium 2/5/2010 11:12:02 AM

I liked T4.  I was no T2 but it was better than T3 and Terminator itself was just an alright movie.  I liked the whole story as a whole rather than any individual movie - well, I hate T3, one of the worse movies of that year.  I remember more about what I had for lunch after seeing it than I do of the movie itself.  I liked the series better than the movie series as well - call me crazy.

skyn3t 2/5/2010 11:19:32 AM

If Sony gets it, they'll have another big budget film they can make. Which could be cool.  I agree with the last two posts. 

If Sony REALLY wants to get creative, rather than doing remakes, how bout have a franchise that has two parallel universes.  You make a T5 movie that takes place where T4 left off, and another "T3" movie that takes place during TSCC timeline.  That could be sweet.

rasgonzo 2/5/2010 11:32:36 AM

T4 was a MTV PG13!(WTF) Terminator flick, it licked balls!

At least T3 had the balls to give us a decent ending where the good guys actually LOST for a change, instead of the Hollyweird ending.  I'm not saying T3 is a as good as T1 or T2 but it was a million times better than T4.

Not many movies the bad guy actually WINS... Empire Strikes Back, Se7en, No Country for Old Men, and T3 are about it.

Anytime Hollyweird takes a franchise made for adults that was originally rated R, and dumbs in down for children PG13, you know they don't give a rats ass about the franchise and just want to make a buck. 

3 of my all time franchises have been ruined by Hollyweird: Terminator, Predator, and Alien (hopefully Ridley Scott will fix that franchise).

SgtTechCom 2/5/2010 11:59:03 AM

T4 was good. Sure it wasn't T1 or T2 quality but as far as the story it was real good. Bale was awesome as connor and the supporting cast was good.

I want them to continue the progress in the future. I would like to see the progression to the laser rifles and the assault on the Time Travel facility that eventually sends Kyle back in time to 1984.

I think if they stick with a "futuristic" type of story then it will kick ass.

Too bad Cameron doesn't take his billions and buy the rights and make some more since nobody will ever consider anyone else as a sutiable director for anything associated with Terminator.

I still say bring Back TTSCC the 3rd season would of been outstand with the way they were going to do things. O well people suck esp Fox !

krathwardroid 2/5/2010 12:24:22 PM

Boombatty: No, you are not the only one. I liked it too. I don't get why everyone thought Terminator Salvation was so bad. It was way better than Terminator 3, which was just crap. T4 avoided all the stupid humor and cheap jokes that Jonathan Mostow used in T3. The story was engaging and worth it. Next thing you know, everyone will be complaining about the new Predators movie for ruining that franchise. Nobody is ever happy no matter what you make. You'll always find someone complaining.

creamygnome 2/5/2010 12:37:59 PM

15 million, that's it?  So I could hit the powerball and purchase the rights to a major film franchise?  How does this work.  I would only be buying the rights to create films?  Or would it include TV.  What about novels, or whathaveyou?  Do I have the freedom to make John Conner a girl if I wanted?  How does this work?!

Hobbs 2/5/2010 1:32:42 PM

We've talked about it to death on mania and all the flaws with T4....I agree T3 wasn't great and I could have done without the stupid humor in it but it at least stayed truer to what came before it. 

In Salvation, wow...where to begin....lets start with Arnold Cameo that had nothing to do with the story, it was a gimmick piece.  Why would a bunch of machines that have been destroying the human race care about which Terminator John Connor faces?  And should I just point out they sent just ONE in a camp of thousands...But I'll 10 better you...the machines capture Kyle Reese who they don't know about and use him to lure John Connor....um, excuse me....but since they were trying to kill Sara Connor in the past to stop the birth of John Connor wouldn't the same thing happen if they kill Kyle Reese?  How so many of you miss such an obvious plot point failure is beyond me. 

There so much else...talked about to death as I stated.  rasgonza hit the nail on the head...this movie was a quick buck MTV pg-13 flick and nothing more.  They made their money but destroyed a proud franchise in the process.  My hope was whoever wins the bidding war could maybe salvage it but Sony is a quick buck type of studio at times as well so it can go either way.

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