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Terminator up for sale?

29 September 2009

Terminator 5 is at risk of not happening after reports suggest that the rights to the franchise are to be auctioned off.

Halycon, who bought the rights two years ago, are struggling financially and are being advised that they should sell the rights to the blockbuster science fiction franchise.

Senior Managing Director of FTI Capital Advisors, Kevin Shultz, said, "Based on our extensive due diligence, we believe the value of the Terminator franchise alone is substantially greater than the $30 million Halycon paid for it in 2007. In our view, Halycon enjoys a wide variety of strategic options and we intend to explore them all."

Terminator Salvation, which starred Christian Bale and Sam Worthington, was released earlier this year.

Source: Yahoo! Movies