TERMINATOR Rights SOLD For $29.5 MillionFebruary 10, 2010
Halcyon Holding Corp accepted the $29.5 million bid from, of all parties, the debtholder which pushed it into bankruptcy, Santa Barbara-based hedge fund Pacificor.
Lionsgate and Sony were the major players in the bidding war with Pacificor (which isn’t even a movie studio) and are currently negotiating with Pacificor for the go-ahead to develop any future movies.
No word just yet on whether or not this means Christian Bale will return (although it seems unlikely) in what was planned as the first of a trilogy storyline that began with TERMINATOR: SALVATION.
Read more on the behind the scenes auction action HERE.
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