‘Terminator’ Rights Up For Auction

The Halcyon Company, the conglomerate that bought the rights to the “Terminator” franchise in 2007, is now putting the rights up for auction due to a disagreement with their lenders which has caused the company to file for Chapter 11 protection.

Kevin Shultz, a representative of FTI Capital Advisers, the company handling the transaction, says “This is a unique asset—the only Hollywood tentpole asset that’s not owned by the studios.”  He also said interest is building among buyers—comparing the sale to the recent $60 million “Teenage Mutant Ninja Turtles” franchise purchase.  (Now if only we could get a “Terminator”/”TMNT” crossover film…)

Start your bidding now – the buyer would retain rights to all future “Terminator” films, TV series opportunities, DVDs, and merchandise. 

Halcyon plans to announce their “stalking horse” bidder and minimum price by November 20.

And if you happen to be that lucky bidder, Halcyon, who has already begun work on a fifth “Terminator” film, would just love it if you would allow them to stay on board.