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Rights to Terminator are up for sale (Topic)

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Rights to Terminator are up for sale

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The current owner of the rights to the Terminator franchise - Pacificor hedge fund put up the rights to the full-length movie adaptation for sale. According to the resource, the cost of the package is at least half of the amount that the company paid in 2010 for Terminator, that is, about $ 15 million.

The potential buyer was Lionsgate studio, which made the most favorable offer to the seller, however, the situation has changed dramatically in recent days, as an even larger amount was offered by independent producer Megan Ellison, who controls the studio Annapurna Films.

The deal is expected to be concluded soon, and the project itself will be presented at the Cannes Film Festival .

Note, that Megan Ellison and her company will finance a new project by Katherine Bigilow, dedicated to finding the elimination of Osama bin Laden.

As for the fifth part of The Terminator, Justin Lin is still listed as its director. Arnold Schwarzenegger agreed to play the main role in the movie.

The Topic of Article: Rights to Terminator are up for sale.
Author: Jake Pinkman


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