Terminator buyer identified
The Lionsgate movie studio, which owns several popular movie franchises, including Saw, may add another one to its collection. According to the LA Times, it was this studio that was named the main buyer of the Terminator franchise, which the current owner, Halcyon Group, put up for sale. Lionsgate has offered $ 15 million for the history of the confrontation between people and machines from the future, and five percent of the profit from the distribution of future movies created under the franchise. This proposal is recorded in papers submitted to the federal bankruptcy court. Other buyers, if any, will have to increase their bid by at least $ 500,000 by February 5, 2010. A court hearing will take place on February 10, which will name the new owner of Terminator. Recall that Halcyon Group initiated its own bankruptcy proceedings, as the movie Terminator: May the Savior Come; did not meet the expectations of the creators, and the rental profit did not cover the company's debt. The Topic of Article: Terminator buyer identified. |
