LOS ANGELES (Hollywood Reporter/Reuters) — The Terminator is coming back.
A nascent film company has acquired the franchise rights to the popular movie series from producers Mario Kassar and Andrew Vajna, intending to make a new trilogy. The deal is said to be in the tens of millions of dollars.
The Halcyon Co. — a privately financed firm — plans to begin immediate preproduction on “Terminator 4,” with hopes that it will be ready for release in the first half of 2009.
The script, by John Brancato and Michael Ferris, was part of the transaction. No distributor is on board, or any talent.
Halcyon — headed by advertising veteran Derek Anderson and “Cook-Off!” producer Victor Kubicek — pursued the “Terminator” rights aggressively for several months, knowing that the series is one of the few recognizable properties out there not in the hands of a major studio. Halcyon also is concentrating on a merchandising and licensing push for the property.
Read the full story at CNN
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