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Hollywood Studios Lost The Battle of The Terminator (Topic)

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Hollywood Studios Lost The Battle of The Terminator

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Hollywood studios Lionsgate and Sony Pictures lost the auction battle for the rights to the Terminator franchise. According to DeadLine Hollywood, the studios pulled out of the auction when the bid reached $ 29.5 million, and it became clear that the Pacificor hedge fund, the debt to which forced the current franchise owners to file for bankruptcy, was willing to pay any amount to take possession of Terminator.

Under the terms of the deal, which still needs to be confirmed by the court, the former owner - Halcyon, in addition to the fixed amount, will be able to claim in the future all the profits from the exploitation of the movies Terminator 3: Uprising machines " and `` Terminator: May the Savior Come, ''

The Topic of Article: Hollywood Studios Lost The Battle of The Terminator.
Author: Jake Pinkman


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