[ARCHIVED THREAD] - ARFCOM Group buy opportunity

Posted: 11/2/2009 4:58:48 PM EDT

I think Arfcom would do a superior job of controlling the future of the terminator series. We should buy the rights while we have the chance.

Cashta' La Vista: Terminator Is Up For Sale

6:36pm UK, Monday November 02, 2009

Mark Langford, Sky News Online

The
rights to the Terminator film franchise are to be auctioned off in a
sale set to spark a bidding frenzy amongst big Hollywood hitters.

The rights to the Terminator film franchise are put up for sale

They are being sold by Halcyon, the production company
behind Terminator Salvation, the latest installment in the four film
series which has grossed $380m worldwide.

The rights will allow the buyer to make new Terminator films, TV
programmes and other spin-offs that build on the popularity of the
franchise, although the auction does not cover earlier Terminator films.

The rights to the franchise have changed hands many times and were
sold to Halcyon for $25m two years ago by Mario Kassar, who produced
Terminator 2: Judgement Day.

But Halcyon is struggling financially and recently applied for
bankruptcy protection from Pacificor, a California-based hedge fund
that lent it the funds to buy the Terminator rights.

All the big film studios have registered interest in the rights, with Sony Pictures reported to be a leading contender.

Summit Entertainment, the company behind the Twilight series, is
tracking the sale, as is Media Rights Capital, which produced Sacha
Baron Cohen's Bruno.

The Terminator auction comes three weeks after the rights to Teenage Mutant Ninja Turtles were sold for $60m.

The Terminator franchise is expected to fetch as much as three times that.

Referring to the Turtles sale, Kevin Shultz, senior managing
director at FTI which was appointed by Halcyon in the wake of its
protection application, said of the Terminator auction: "We have a
property that has made three times the box office takings."

The Terminator series was launched in 1984 and portrayed the efforts
of lethal cyborgs sent from the future to kill young tearaway John
Connor.

Posted: 11/2/2009 5:01:11 PM EDT

[#1]

I'm in.

[ARCHIVED THREAD] - ARFCOM Group buy opportunity

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