Source: ‘Terminator’ bidding: Sony, Warner, Summit, Legendary may soon vie with Lions Gate
It looks like for the 5th time in the history of the Terminator franchise there will be a new owner. Lions Gate was an early bidder for the franchise’ rights which has been put up for sale by it’s current owner, Halcyon Group. Now that Lions Gate’s initial bid of $15million has set the starting price big -name studios like Sony and Warner in addition to mid-level ones such as Summit and Legendary have made their interest known that they may join in the bidding.
Whoever ends up with the rights to the franchise have much work to do in righting the ship. While Terminator Salvation made money even after factoring in it’s $200million budget it wasn’t the huge blockbuster Halcyon Group was hoping for thus the sale of the rights. Fans of the franchise have been fine with the series ending after the second film, but then a third was made and even that one most fans were on-board since it introduced the opening salvo of “Judgement Day” which have always been seen only in clips or as backstory exposition. Terminator Salvation was suppose to sate that interest, but instead might have sunk the franchise for good.
While future films in the franchise will always hold an interest for me I do think that the series (plus the rights to it) really should just go back to the man who began it all: James Cameron. He has made no effort to have his legal representatives even make an offer for the rights even though he could definitely afford to buy it back. I’m sure any studio would help him get it back if it meant a partnership in getting an iconic sci-fi franchise back to prominence. Cameron wouldn’t even have to be directing the film to get fans back on-board. As producer he would bring in the sort of dedication to get things right he always brings to all his projects.
The only problem is that Cameron seem to have moved on from the series and couldn’t care less what people do with it. Early naivete about how Hollywood worked in his early years in the business seem to have soured him on the franchise. Here’s to hoping that whoever does end up with the rights, at the very least, approaches Cameron about ideas and how they can get the franchise back on track.
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