Sony makes Last Minute Bid on Terminator Rights
Posted by Rodneyon 05. 02. 2010in News Chat
Terminator is standing on the deck of a sinking ship trying to convice us its worth saving. Two sequels that spelled out a story we apparently didn’t need to see are not helping, but the desperate pleas are not going unheard. With Lionsgate sitting on a generous bid of $15million +5% of gross receipts from future movies, the deal looked as good as done.
But late yesterday a last minute bid by Sony came in and now its going to auction at Bankruptcy court.
The studio that handled the international distribution for the previous installment, Terminator Salvation, submitted the bid yesterday which was the final day any potential buyer was allowed to try and play the game of ‘who’s crazy enough to own TERMINATOR rights?!’The auction will be held Monday at the offices of FTI Consulting in Los Angeles, the new owner will basically get to own the rights to future Terminator movies, TV series, DVDs and merchandise.
Lionsgate’s bid was considered to be the only one… well the only valid one after Joss Whedon offered ten grand for the property anyways.
But out of nowhere on the last day for bidding, Sony has come out of no where and made a bid. They don’t really have to say how much as this just forces this to go to auction now with negotiations bouncing back and forth between Sony and Lionsgate to see who “wins”
I almost said that with a straight face.
Terminator is over. Someone just gets to own the scraps now. I wonder if they can do anything with them?
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Rodney who has written 8899 posts on The Movie Blog
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@”Terminator is over. Someone just gets to own the scraps now.”
So true.
I don’t know…who would have thought that new life could have been breathed into the Star Trek franchise, but it happened.
Yeah, thats true, but Star Trek was only awesome as a summer popcorn flick. T3 and T4 were nothing, but summer popcorn flicks and they failed. The first two films were more than just mindless action films.
What needs to happen is Cameron buys the franchise, and not make anymore films.
Terminator is not dead, just that idiots did their best to kill it with “The Sarah Conor diaries” and McG ans the likes.
Plus, Arnold was sooooo old in T3, he made no justice, they were sure will break records just because he shows up in there as an old robot.
T1 and T2 were great, and there was just one robot in T1 and then two robots in T2.
McG brought in thousand of robots, giant robots, motorcycle robots and so on.
Get my point? T1 and T2 had story and substance (as much as they could). T3 and T4(5??) were just SFX, explosions and Bale yelling Batman style.
Bale was doing his Bat-voice alright. Sam’s character was more engaging than Bats anyway.
Cameron should buy this up and shelve and make it his again. thats the only way this will live again
and really come alive the way WE ALL WANT IT TOO.
Go full-on George Lucas style with those rights!
I keep getting into arguments with friends over which movie is better: T3 or Salvation. We go over the pros and cons of each, debate for a while, but we always arrive at the same conclusion:
“Both movies shouldn’t have been made.”
You’ve wasted time not once, but several times with that debate?
They’re both crap – period.
They are both good as mindless action flicks, but the first two films were MORE than just explosions.
Terminator franchise still has value, but moreso globally.
Part 3
Domestic: $150,371,112 34.7%
+ Foreign: $283,000,000 65.3%
= Worldwide: $433,371,112
Part 4
Domestic: $125,322,469 33.7%
+ Foreign: $246,723,586 66.3%
= Worldwide: $372,046,055
$15,000,000 for the rights to the entire media rights to the property seems reasonable.
The immeasurable variable being that after two critically bashed films that have alienated the fanbase, what value would any further chapters have?
The hardcore almost unanimously thought that T3 was terrible, and with Salvation looking as good as it did in the trailer, the faithful flocked to see if it would save the franchise… which it didn’t.
The profit each of those films made is not being shared with the people who may potentially buy this franchise. However when it gets aired on TV, or if they ever do make another film, they will get the money.
I am of the opinion that the damage is already done, and even 15million is far too generous for this sinking ship.
I would think the smart play would be to buy the rights, let in sit for a few years, and then do a full scale reboot. If fans will accept someone not named Shatner playing James T. Kirk, anything can happen.
I think the success of the Nightmare on Elm Street reboot will help gauge the viability of near-dead franchises.
So, if damaged goods like Terminator is worth 10-15 million, what are the full media rights of other franchises worth (Rodney, that would make a great column!)
Star Wars (my guess as the most valuable non-superhero)
Indiana Jones
Harry Potter
James Bond
Lethal Weapon
Die Hard
Dirty Harry
Death Wish
Dirty Dozen
Friday the 13th
Bourne
Jurassic Park
Saw
Rambo
Rocky
Back to the Future
Planet of the Apes
If anything Star Trek has been converted to a comic book parody in which now every ten years we will see new actors play Kirk and Spock.
I’m a long time trekker and I hated the Abrams film. And Terminator Salvation as well.
Both franchises were killed for me last year,,,
Saw is pure shit, and already has like 6 flicks already
let that shit die and burn it viking funeral style…
With every death a new chance at life begins…..
Star Trek actually made me want to see another one..
as for Terminator, well I hated part 3 and wanted to love 4 does that make sense?
Sam Worthingtons character was the best part of that film, Micheal Beins old character was cool to see him say “come with me if you wanna live”
but too little too late..
like I said in previous post’s Cameron should buy it, let it marinate, and go full blown Lucas’ style with merchandiing, animated films, graphic novels,etc..and then blow everyone away with another film in like 6-8 years…
nuff said
So no one else thought that the TV show was awesome then? The cliff hanger at the end of the second season come on! I want my third season dammit