The bad news is that Joss Whedon’s bid for the “Terminator” franchise has not proved successful.
The rights to the franchise have sold to an investment banking group, Pacificor for $29.5 million. The group consists of several bankers who hold all of the previous owner Halcyon’s debt (a debt that caused Halcyon to go bankrupt, leading to the sale of the franchise rights in the first place).
So what does this mean for the future of the franchise?
It probably means that the rights to the franchise will be sold again at some point. That leaves the door open still for Whedon to get the rights to it, so there’s some good news.
Part of the deal will include money paid to Pacificor for the third and fourth installments in the franchise.
It also may put a fifth installment into limbo for the time being.
I don’t know if even Joss Whedon could make Terminator interesting. Fun to watch but interesting?
Besides, there are so many inconsistencies in the story lines now that he’d have to do a complete reboot (a la Star Trek). So we would be back to a robot trying to kill Sarah before she even got pregnant.