Terminator Salvation producers Victor Kubicek and Derek Anderson have partnered with style icon Beatrix Ost to adapt her two memoirs My Father’s House: A Childhood In Wartime Bavaria and the forthcoming More Than Everything.
The books will form the basis for a single feature called More than Everything that takes place in WWII Germany as a young girl witnesses her family’s role in helping people flee the Nazi regime.
Kubicek and Ost co-wrote the screenplay and Kubicek and Anderson will produce through The Halcyon Company.
Production is earmarked for Europe in 2014.
Kubicek and Anderson co-founded The Halcyon Company and Halcyon Games in 2006. Their latest film, In God We Trust, focuses on the Bernie Madoff scandal and will open theatrically in spring 2014.
The books will form the basis for a single feature called More than Everything that takes place in WWII Germany as a young girl witnesses her family’s role in helping people flee the Nazi regime.
Kubicek and Ost co-wrote the screenplay and Kubicek and Anderson will produce through The Halcyon Company.
Production is earmarked for Europe in 2014.
Kubicek and Anderson co-founded The Halcyon Company and Halcyon Games in 2006. Their latest film, In God We Trust, focuses on the Bernie Madoff scandal and will open theatrically in spring 2014.
- 11/19/2013
- by jeremykay67@gmail.com (Jeremy Kay)
- ScreenDaily
Line-up includes two programmes curated by Ai Weiwei and The Yes Men.
Copenhagen documentary festival Cph:dox has unveiled the programme for its 11th edition, which runs Nov 7-17.
More than 200 films will be screened including 57 world and international premieres; a new prize for journalistic documentaries called F:act Award; and curated programmes from artist Ai Weiwei and activist duo The Yes Men.
For the first time, the festival is introducing an overall theme: Everything is Under Control.
Chinese artist Ai Weiwei has selected 10 films for this year’s festival with the theme in mind, reflecting “artists’ role and responsibility towards the acts of the establishment”.
The festival will also screen the world premiere of Weiwei’s new film Stay Home!, about a 10-year old girl who is not allowed to receive medical care for her HIV-infection, as she is the second child in the family.
Us activist duo The Yes Men aim to bring the power of the...
Copenhagen documentary festival Cph:dox has unveiled the programme for its 11th edition, which runs Nov 7-17.
More than 200 films will be screened including 57 world and international premieres; a new prize for journalistic documentaries called F:act Award; and curated programmes from artist Ai Weiwei and activist duo The Yes Men.
For the first time, the festival is introducing an overall theme: Everything is Under Control.
Chinese artist Ai Weiwei has selected 10 films for this year’s festival with the theme in mind, reflecting “artists’ role and responsibility towards the acts of the establishment”.
The festival will also screen the world premiere of Weiwei’s new film Stay Home!, about a 10-year old girl who is not allowed to receive medical care for her HIV-infection, as she is the second child in the family.
Us activist duo The Yes Men aim to bring the power of the...
- 10/14/2013
- by michael.rosser@screendaily.com (Michael Rosser)
- ScreenDaily
At other festivals when we started to ask people what film school they went to (if any), we noticed that a lot of those who didn't go to film school wanted to talk about who their mentors were. When we asked Tribeca filmmakers who their inspirations and mentors were, they were eager to respond, whether they went to film school or not. Here are their answers: Derek Anderson and Victor Kubicek ("In God We Trust"): Making our mockumentary comedy, "Cook Off," was a crash course in film making and we came out the other side with a practical hands on education in film. Since we started making films in 2006, we have been lucky enough to work with a diverse group of incredible people like Gore Vidal, Wendi McClendon Covey, Christian Bale and Susanne Rostock and so many others. Each one of them in their own way have contributed to us as filmmakers.
- 5/29/2013
- by Bryce J. Renninger
- Indiewire
Perhaps the only thing bigger than the capacity for human greed is the capacity for human stupidity. Victor Kubicek and Derek Anderson’s feature debut, In God We Trust, a somewhat enlightening documentary about the financial misdeeds of financier Bernie Madoff, spends just as much time chronicling the negligence and inattention that allowed Madoff to rob his clients of billions as it does trying to unravel just why he actually did it. The film centers on the journey of Madoff’s personal secretary of 25 years, Eleanor Squillari, who has made it her mission to complete her own investigation into just what her boss did, how he did it, and who else was involved. While the majority of In God We Trust focuses on the heartbreak and fallout from Madoff’s crimes – and there’s plenty of heartbreak and fallout to mine here – its final third crumbles into aimless finger-pointing and raising questions it is in no way...
- 4/21/2013
- by Kate Erbland
- FilmSchoolRejects.com
Producers Victor Kubicek and Derek Anderson first rose to prominence in 2006 when they co-founded The Halcyon Company and Halcyon Games in 2006, the company that three years later would produce "Terminator Salvation," in addition to 2007's mockumentary "Cook Off." For the follow up to the release of those films, the partners decided they would try their hand at directing for the first time, resulting in their Madoff crime set documentary "In God We Trust" What it's about: "Eleanor Squillari went to work every day believing she was working for a great company, a great man. For twenty-five years she sat fifteen feet away from Bernard L. Madoff as his personal secretary. She never imagined he was perpetrating the largest financial crime in history. On December 11, 2008, her life as she knew it was destroyed…until she decided to do something about it. “In God We Trust” is not only an in depth look at the Madoff crime,...
- 4/5/2013
- by Indiewire
- Indiewire
Tribeca’s 12th annual festival, running from April 17-28, recently announced its feature film selections in the Spotlight and Midnight sections. According to Tribeca’s website, “The Spotlight section features 33 films — 21 narratives and 12 documentaries — that blur the lines of independent and mainstream filmmaking. Twenty-three films in the selection will have their world premieres at the Festival, a record number for the section.” See below for the official press release of this year’s lineup in all four categories.
2013 Tribeca Film Festival Announces Selections
For Spotlight, Midnight And New Storyscapes Sections, And Special Screenings
First-ever Storyscapes Section Showcases Innovative New Media Projects with Cross-platform Approaches to Storytelling
The Tribeca Film Festival (Tff) announced its feature film selections in the Spotlight and Midnight sections, projects in the new Storyscapes section and Special Screenings. The 12th edition of the Festival will take place from April 17 to April 28 in New York City.
The Spotlight...
2013 Tribeca Film Festival Announces Selections
For Spotlight, Midnight And New Storyscapes Sections, And Special Screenings
First-ever Storyscapes Section Showcases Innovative New Media Projects with Cross-platform Approaches to Storytelling
The Tribeca Film Festival (Tff) announced its feature film selections in the Spotlight and Midnight sections, projects in the new Storyscapes section and Special Screenings. The 12th edition of the Festival will take place from April 17 to April 28 in New York City.
The Spotlight...
- 3/28/2013
- by Christopher Clemente
- SoundOnSight
Yesterday the Tribeca Film Festival announced their feature film selections for their Spotlight and Midnight sections which include 21 narrative and 12 documentary projects.
This year’s choices bring us films featuring a bevy of top Hollywood talent including Paul Rudd, Paul Giamatti, John Cusack,, Gemma Arterton and Zoe Kazan.
In a press release that accompanied the roster, Genna Terranova, Director of Programming for the festival said: “The documentary films in the Spotlight section this year highlight several famous individuals (including one very cute cat) who use their wit and bold personas to make us think and laugh. A mix of established filmmakers and rising talent top off the rest of the section with features exploring some fresh takes on unconventional relationships.”
The festival will feature the world premieres of several highly-anticipated film projects from indie mainstays like Neil Labute and Richard Linklater, as well as new projects from veteran directors like...
This year’s choices bring us films featuring a bevy of top Hollywood talent including Paul Rudd, Paul Giamatti, John Cusack,, Gemma Arterton and Zoe Kazan.
In a press release that accompanied the roster, Genna Terranova, Director of Programming for the festival said: “The documentary films in the Spotlight section this year highlight several famous individuals (including one very cute cat) who use their wit and bold personas to make us think and laugh. A mix of established filmmakers and rising talent top off the rest of the section with features exploring some fresh takes on unconventional relationships.”
The festival will feature the world premieres of several highly-anticipated film projects from indie mainstays like Neil Labute and Richard Linklater, as well as new projects from veteran directors like...
- 3/7/2013
- by Damen Norton
- HeyUGuys.co.uk
Tribeca Film Festival organizers announced on Wednesday 33 films ticketed for the Spotlight section of the April fest, including new movies starring John Cusack, Ethan Hawke, Zoe Kazan and Melissa Leo.
“A mix of established filmmakers and rising talent top off the rest of the section with features exploring some fresh takes on unconventional relationships,” said Tribeca director of programming Genna Terranova in a press release. The Tribeca Film Festival had previously announced "Mistaken For Strangers," a documentary about The National, as the opening night film, plus a full slate of documentary and feature films in competition.
Some highlights from the Spotlight roster include the world premieres of "Adult World" (with Emma Roberts and John Cusack), "Almost Christmas" (with Paul Rudd and Paul Giamatti), "A Case of You" (with Justin Long), "Some Velvet Morning" (with Stanley Tucci and Evan Rachel Wood), "Trust Me" (with Sam Rockwell, William H. Macy and more...
“A mix of established filmmakers and rising talent top off the rest of the section with features exploring some fresh takes on unconventional relationships,” said Tribeca director of programming Genna Terranova in a press release. The Tribeca Film Festival had previously announced "Mistaken For Strangers," a documentary about The National, as the opening night film, plus a full slate of documentary and feature films in competition.
Some highlights from the Spotlight roster include the world premieres of "Adult World" (with Emma Roberts and John Cusack), "Almost Christmas" (with Paul Rudd and Paul Giamatti), "A Case of You" (with Justin Long), "Some Velvet Morning" (with Stanley Tucci and Evan Rachel Wood), "Trust Me" (with Sam Rockwell, William H. Macy and more...
- 3/6/2013
- by Christopher Rosen
- Huffington Post
The Tribeca Film Festival announced the second half of its movie slate today with a lineup that includes Emma Roberts in Adult World, Zac Efron in racing-cum-farming drama At Any Price, and Richard Linklater’s Before Midnight. The releases are in the following categories, which make up the second half of the festival’s feature list: Spotlight, Midnight, Special Screenings, and Storyscapes, a new category this year to recognize work in transmedia — films the incorporate web-based and cross-platform elements.
The Spotlight selection — 33 films: 21 narratives and 12 documentaries — stands out for its range of titles, including premieres from indie darlings (Junebug director Phil Morrison,...
The Spotlight selection — 33 films: 21 narratives and 12 documentaries — stands out for its range of titles, including premieres from indie darlings (Junebug director Phil Morrison,...
- 3/6/2013
- by Adam Carlson
- EW - Inside Movies
TheArnoldFans.com was able to nab an interview with Terminator Salvation producer Victor Kubicek. In the summer of 2009 the fourth Terminator film was released, and with stars like Christian Bale, and Sam Worthington headlining the film most felt it was bound to be a hit, yet it was not. Victor stills stand by his film, and regrets that a few scenes ended up on the cutting room floor. He describes one such scene, "Imagine looking down on a verdant golf course surrounded by perfect homes and manicured lawns only to realize everything is synthetic and the people who live there are hybrids." One of the issues with Salavation was that it was created under a PG-13 rating and not an R rating like the previous three films in the franchise. No one should make a film R rated just to get the rating, it should feel natural, but still the...
- 3/12/2012
- ComicBookMovie.com
TheArnoldFans.com was able to nab an interview with Terminator Salvation producer Victor Kubicek. In the summer of 2009 the fourth Terminator film was released, and with stars like Christian Bale, and Sam Worthington headlining the film most felt it was bound to be a hit, yet it was not. Victor stills stand by his film, and regrets that a few scenes ended up on the cutting room floor. He describes one such scene, "Imagine looking down on a verdant golf course surrounded by perfect homes and manicured lawns only to realize everything is synthetic and the people who live there are hybrids." One of the issues with Salavation and T3 was that they were created under a PG-13 rating and not an R rating like the first two films in the franchise. No one should make a film R rated just to get the rating, it should feel natural, but...
- 3/12/2012
- ComicBookMovie.com
The movie business is rife with starry-eyed businessmen who bring their wealth to Hollywood with hopes of making good. Most of them last for a few years until they run aground on too many failed opportunities. It takes a mix of grit, acumen, luck and yes, taste, to stay the course. Car salesman James Robinson's Morgan Creek lasted decades before the market caught up with him and he canceled his bankrupt international division's famed Cannes Fest Le Moulin de Mougins distributors brunch. Real estate mogul Bob Yari was riding high on Oscar-winner Crash and sleeper hit The Illusionist before he ran out of cash. Wall Street hotshots Victor Kubicek and Derek Anderson acquired the rights to Terminator and put Salvation into production before they wound ...
- 5/26/2011
- Thompson on Hollywood
Exclusive: Shortly after Arnold Schwarzenegger left the Governor’s Mansion and Tweeted his desire to resume his acting career, there seems to finally be some action on his signature franchise, The Terminator. I’m told that interest is kicking back up. One interested party: Universal, which is looking for a directing vehicle for Justin Lin. He helmed the last three installments of The Fast and the Furious franchise, including the latest Fast Five, which Universal releases April 29. I’ve heard that the plan would be to possibly pair him with Chris Morgan, who aside from Fast Five has credits on big scale Universal films that include the upcoming Keanu Reeves actioner 47 Ronin and Wanted. Since being acquired in bankruptcy court last February by Santa Monica-based hedge fund Pacificor for $29.5 million, The Terminator has maintained radio silence, surprising given the voracious studio appetite for branded tent pole projects that lend themselves to 3D technology.
- 2/15/2011
- by MIKE FLEMING
- Deadline
Do we really want more Terminator stories on the big screen? I went to Six Flags a couple of weeks ago and I'm wondering just how much they're regretting turning that new wooden roller coaster into a Terminator: Salvation one. (It is a fun coaster though.)The trades have an update on the latest in the Terminator rights mess:Owners of the "Terminator" franchise have tapped Wme to handle the sale of rights to the sci-fier. Pacificor LLC, which won the auction for the franchise in February, announced Thursday that it had selected the agency. The Santa Barbara-based hedge fund, which has no experience in film production, had said following the auction that it had been contacted by "numerous" studios, producers, financiers and agents. Pacificor received approval Feb. 10 in bankruptcy court for its bid of $29.5 million, along with a provision for payment to former owners Halcyon of $5 million per film for any sequel.
- 5/28/2010
- LRMonline.com
Philip K. Dick wrote some of the most impenetrable and brilliant science fiction of the last century, short but dense novels packed with beautiful prose and sublime ideas. Born six weeks premature, Dick barely survived the first month of life, though his twin sister did not. He was plagued with questions of sanity for the last decade of his life, and died far too young at age 53. He never saw mainstream success in his lifetime, so short of money that Robert Heinlein helped him out every once and a while, though they were diametrically opposed in any element of philosophy. Said Dick:
"Several years ago, when I was ill, Heinlein offered his help, anything he could do, and we had never met; he would phone me to cheer me up and see how I was doing. He wanted to buy me an electric typewriter, God bless him -- one of...
"Several years ago, when I was ill, Heinlein offered his help, anything he could do, and we had never met; he would phone me to cheer me up and see how I was doing. He wanted to buy me an electric typewriter, God bless him -- one of...
- 4/13/2010
- by Steven Lloyd Wilson
The bidding war for rights to the Terminator franchise ended Monday night, and the winner was not a studio. Emerging from the pack after a marathon 5-hour auction was Pacificor, a Santa Barbara-based hedge fund.
Deadline reports Sony and Lionsgated were in the battle, but both studios dropped out when it became clear Pacificor would pay “any amount of money” at just under $29.5 million. Peter Schlessel of Sony Pictures — the studio that distributed the fourth installment internationally — was reportedly “furious” about the outcome. The hedge fund now owns the rights to future Terminator movies, TV shows, and merchandise though their immediate plans are unknown.
The killer robot rights were auctioned by the Halcyon Company, who purchased them in November 2007 for $25 million. After managing to produce Terminator Salvation, which it claimed was the start of a new trilogy, the company filed for bankruptcy two years later.
Pacificor initially loaned Halcyon the $30 million to purchase the rights,...
Deadline reports Sony and Lionsgated were in the battle, but both studios dropped out when it became clear Pacificor would pay “any amount of money” at just under $29.5 million. Peter Schlessel of Sony Pictures — the studio that distributed the fourth installment internationally — was reportedly “furious” about the outcome. The hedge fund now owns the rights to future Terminator movies, TV shows, and merchandise though their immediate plans are unknown.
The killer robot rights were auctioned by the Halcyon Company, who purchased them in November 2007 for $25 million. After managing to produce Terminator Salvation, which it claimed was the start of a new trilogy, the company filed for bankruptcy two years later.
Pacificor initially loaned Halcyon the $30 million to purchase the rights,...
- 2/10/2010
- by Jeff Leins
- newsinfilm.com
In 2007, Derek Anderson, Victor Kubicek, and their Halcyon Co. purchased the Terminator rights for $25 million. Halcyon produced a TV show, The Sarah Connor Chronicles, and the movie sequel Terminator Salvation. Then The Sarah Connor Chronicles was canceled, and despite Salvation making $371 million in worldwide box office, Halcyon declared bankruptcy. Anderson and Kubicek claimed that their lender, Santa Barbara-based hedge fund Pacificor, pushed them into defaulting on their loan. In order to resolve their debts, the Terminator rights went up for auction. Lionsgate made the first bid, then Sony countered. Neither movie studio won the Terminator rights.
According to Deadline Hollywood, the rights went to debt-holder Pacificor rather than either studio. Lionsgate and Sony had joined forces to win the bid, with Lionsgate planning a reboot of the franchise that would get "back to basics, with real emotional stories, and effects that will be secondary." However, the Sony-Lionsgate team-up was not...
According to Deadline Hollywood, the rights went to debt-holder Pacificor rather than either studio. Lionsgate and Sony had joined forces to win the bid, with Lionsgate planning a reboot of the franchise that would get "back to basics, with real emotional stories, and effects that will be secondary." However, the Sony-Lionsgate team-up was not...
- 2/10/2010
- by Ryan Gowland
- Reelzchannel.com
We've been following the financial fates of Terminator ever since Halcyon declared bankruptcy late last summer, just two months after the release of Terminator Salvation and only two years after the company acquired those rights for $30 million. Now there's a new sherrif in town, although technically, it's the same sherrif.
Pacificor reportedly swooped in at the last moment and upped the ante to $29.5 million. That was significantly more than Lionsgate initial offer of $15 million plus 5% of future grosses. While the grosses may have played out in Halcyon's favor, beggars can't be choosers and they have a lot of debt.
Curiously, though, most of that debt is already owed to - wait for it - Pacificor, the company that lent producers Victor Kubicek and Derek Anderson cash so they could buy Terminator in 2007, and now the proud owner of John and Sarah Connor. What a tangled web we weave.
Pacificor reportedly swooped in at the last moment and upped the ante to $29.5 million. That was significantly more than Lionsgate initial offer of $15 million plus 5% of future grosses. While the grosses may have played out in Halcyon's favor, beggars can't be choosers and they have a lot of debt.
Curiously, though, most of that debt is already owed to - wait for it - Pacificor, the company that lent producers Victor Kubicek and Derek Anderson cash so they could buy Terminator in 2007, and now the proud owner of John and Sarah Connor. What a tangled web we weave.
- 2/9/2010
- by Colin Boyd
- GetTheBigPicture.net
In the biggest auction since, well, since some big auction somewhere, the bidding war has ended for the Terminator franchise.Both Sony and Lionsgate were bidding on the property. So who won? More from Deadline: But the studios didn't come away the winners -- which, I'm told, prompted a furious Sony Pictures Entertainment's president of worldwide affairs Peter Schlessel to "storm out" of the Downtown La offices of Fti Capital Advisors which was holding the auction. Instead, Halcyon Holding Corp accepted the $29.5 million bid from, of all parties, the debtholder which pushed it into bankruptcy, Santa Barbara-based hedge fund Pacificor. (This is the same Pacificor whom Halcyon accused in a lawsuit of extortion, bribery, and fraud and demanded $30M in damages.) Tonight, Sony and Lionsgate dropped out at just under $29.5 million when it became clear that Pacificor "was willing to pay almost any amount of money for Terminator," an insider tells me.
- 2/9/2010
- LRMonline.com
According to Variety, Sony has emerged as a potential challenger to Lionsgate's bid to buy the rights to the Terminator franchise. Originally purchased by Derek Anderson and Victor Kubicek of Halcyon Co. from Mario Kassar in 2007 for $25 million, Lionsgate's "stalking horse" or floor bid was considerably lower than that at $15 million plus a 5% cut of future grosses, while Sony's bid is unknown.
Anderson and Kubicek produced 2009's Terminator Salvation, which earned more than $370 million worldwide, but filed Chapter 11 bankruptcy proceedings after failing to make good on their debt to hedge fund lender Pacificor. The pair tried to forestall the necessity of auctioning off the rights to the franchise, arguing in court that it was worth at least $70 million, but were ultimately unsuccessful.
Thursday was the final day for submitting offers and it is likely that there were other bidders besides Sony and Lionsgate, but Halcyon Co. is not commenting. The...
Anderson and Kubicek produced 2009's Terminator Salvation, which earned more than $370 million worldwide, but filed Chapter 11 bankruptcy proceedings after failing to make good on their debt to hedge fund lender Pacificor. The pair tried to forestall the necessity of auctioning off the rights to the franchise, arguing in court that it was worth at least $70 million, but were ultimately unsuccessful.
Thursday was the final day for submitting offers and it is likely that there were other bidders besides Sony and Lionsgate, but Halcyon Co. is not commenting. The...
- 2/6/2010
- by BrentJS Sprecher
- Reelzchannel.com
Sony Pictures has thrown its name into the “We want to own the Terminator hat”. Artisan back in the day was the first studio to own the franchise, followed by Lionsgate, then recently Warner Bros. With a solid foreign box office intake, the film – Terminator Salvation - did okay during its American summer box office run last summer, but sold like hotcakes on DVD and Blu-ray...
Here’s the latest: Sony’s joined Lionsgate in the bidding on the rights to the “Terminator” franchise.
The studio had no comment but a source close to the bidding confirmed that Sony submitted a bid Thursday, the final day for submitting offers.
Lionsgate stepped up last month as the first bidder for the rights to the “Terminator” franchise with a “stalking horse” or floor bid of $15 million and a 5% cut of future gross receipts.
Halcyon Group put the franchise up for sale in September-.
Here’s the latest: Sony’s joined Lionsgate in the bidding on the rights to the “Terminator” franchise.
The studio had no comment but a source close to the bidding confirmed that Sony submitted a bid Thursday, the final day for submitting offers.
Lionsgate stepped up last month as the first bidder for the rights to the “Terminator” franchise with a “stalking horse” or floor bid of $15 million and a 5% cut of future gross receipts.
Halcyon Group put the franchise up for sale in September-.
- 2/5/2010
- by admin
- Horrorbid
Lots of studios are vying for the rights to one of the most successful film franchises of all time, The Terminator. Lionsgate ... Sony ... honestly we don't care who gets it as long as they keep it far away from McG and his pussy Terminators that seem to have an aversion to ... well ... terminating!
According to Variety:
Sony's joined Lionsgate in the bidding on the rights to the "Terminator" franchise. The studio had no comment, but a source close to the bidding confirmed that Sony submitted a bid Thursday, the final day for submitting offers.
Lionsgate stepped up last month as the first bidder for the rights to the "Terminator" franchise with a "stalking horse" or floor bid of $15 million and a 5% cut of future gross receipts.
Halcyon Group put the franchise up for sale in September. The auction for the "Terminator" assets -- which include the rights to future "Terminator" pics,...
According to Variety:
Sony's joined Lionsgate in the bidding on the rights to the "Terminator" franchise. The studio had no comment, but a source close to the bidding confirmed that Sony submitted a bid Thursday, the final day for submitting offers.
Lionsgate stepped up last month as the first bidder for the rights to the "Terminator" franchise with a "stalking horse" or floor bid of $15 million and a 5% cut of future gross receipts.
Halcyon Group put the franchise up for sale in September. The auction for the "Terminator" assets -- which include the rights to future "Terminator" pics,...
- 2/5/2010
- by Uncle Creepy
- DreadCentral.com
Alright I don't have all day so let's get this party started!First bit of news is Sony saying not so fast to the Terminator rights going to another studio. Looks like they're going after the rights as well.More from the trades:Sony's joined Lionsgate in the bidding on the rights to the "Terminator" franchise. The studio had no comment but a source close to the bidding confirmed that Sony submitted a bid Thursday, the final day for submitting offers. Lionsgate stepped up last month as the first bidder for the rights to the "Terminator" franchise with a "stalking horse" or floor bid of $15 million and a 5% cut of future gross receipts. Halcyon Group put the franchise up for sale in September-. The auction for the "Terminator" assets -- which include the rights to future "Terminator" pics, TV series, DVDs and merchandise -- will be held Monday at the offices...
- 2/5/2010
- LRMonline.com
Which studio is making the biggest play for the rights to Terminator? You may or may not be surprised to hear that Lionsgate had bid $15 million plus 5% of future grosses to acquire the franchise, which is now embroiled in Chapter 11 with other assets of Halcyon Group.
The producers who run Halcyon, Derek Anderson and Victor Kubicek, got in over their heads and with no federal bailout in the offing, bankruptcy was the best they could do. Having acquired the rights in 2007, Anderson and Kubicek couldn't repay $24 million of a $39 million loan it took out for Terminator, and less than three months after releasing Salvation back in May, it was curtains for the company.
When news of the auction hit back in November, Sony and Summit were the two companies most insiders believed would take the plunge, and there is still time for other bids to come in; the decision on...
The producers who run Halcyon, Derek Anderson and Victor Kubicek, got in over their heads and with no federal bailout in the offing, bankruptcy was the best they could do. Having acquired the rights in 2007, Anderson and Kubicek couldn't repay $24 million of a $39 million loan it took out for Terminator, and less than three months after releasing Salvation back in May, it was curtains for the company.
When news of the auction hit back in November, Sony and Summit were the two companies most insiders believed would take the plunge, and there is still time for other bids to come in; the decision on...
- 1/15/2010
- by Colin Boyd
- GetTheBigPicture.net
While Terminator Salvation may not have made a big impact on fans or critics — it scored only 31% on RottenTomatoes — it still managed to rake in more than $370 million worldwide. So the news that producers Derek Anderson and Victor Kubicek of Halcyon Co. would be forced to auction off the rights to the Terminator franchise following a declaration of bankruptcy came as quite a surprise.
Now, according to Nikki Finke of Deadline Hollywood, Lionsgate has submitted a "stalking horse bid" that has been accepted by Halcyon Co.
So what's a stalking horse bid? An initial bid on a bankrupt company's assets from an interested buyer chosen by the bankrupt company. This allows the distressed firm to avoid receiving lowball bids on its assets. That said, I hear Lionsgate will be named the stalking horse bidder in the bankruptcy sale of the Terminator franchise. Sources tell me it wasn't a competitive auction.
Now, according to Nikki Finke of Deadline Hollywood, Lionsgate has submitted a "stalking horse bid" that has been accepted by Halcyon Co.
So what's a stalking horse bid? An initial bid on a bankrupt company's assets from an interested buyer chosen by the bankrupt company. This allows the distressed firm to avoid receiving lowball bids on its assets. That said, I hear Lionsgate will be named the stalking horse bidder in the bankruptcy sale of the Terminator franchise. Sources tell me it wasn't a competitive auction.
- 1/14/2010
- by BrentJS Sprecher
- Reelzchannel.com
Lionsgate is now the leading bidder for the troubled Terminator franchise, according to the trades. The auction of the Terminator franchise, which includes future feature films, options for TV series’ and merchandise follows months of speculation over who would pick up the rights following previous owner, Halcyon’s financial woes which occured shortly after the release of last year’s Terminator Salvation. The auction is set to take place on 8th February at the offices of Fti Consulting in Los Angeles.
Lionsgate’s $15 million and a 5% cut of future gross receipts was disclosed at a bankruptcy court filing for the Halcyon Group, who put the franchise up for sale last year amid a storm of publicity. According to Variety:
If it’s not the winning bidder, Lionsgate will receive $750,000 as a breakup fee. Filing didn’t disclose whether any other bids have been submitted.
Halcyon paid Mario Kassar $30 million for...
Lionsgate’s $15 million and a 5% cut of future gross receipts was disclosed at a bankruptcy court filing for the Halcyon Group, who put the franchise up for sale last year amid a storm of publicity. According to Variety:
If it’s not the winning bidder, Lionsgate will receive $750,000 as a breakup fee. Filing didn’t disclose whether any other bids have been submitted.
Halcyon paid Mario Kassar $30 million for...
- 1/14/2010
- by Craig Sharp
- FilmShaft.com
The Los Angeles Times reports that Lionsgate's bid of $15 million in cash plus 5% of gross receipts from any future movies makes the studio the top bidder to buy the "Terminator" franchise rights from the Halcyon Group. In a federal bankruptcy court filing today, Halcyon Group, the company owned by producers Derek Anderson and Victor Kubicek, named Lionsgate the "stalking horse" bidder for the rights. The duo put the franchise up for sale in September to raise cash to work their way out of Chapter 11 reorganization. The designation of stalking horse means any other company that wants to bid against Lionsgate has to offer at least $750,000 more. The deadline for competitive bids is February 5th. A new owner of the "Terminator" rights will be...
- 1/13/2010
- Comingsoon.net
Despite the rights for the Terminator franchise being put up for auction, McG remains confident that he will direct more Terminator movies. During a B-d Live chat, the Terminator Salvation director told fans that he plans to direct both the fifth and sixth Terminator movies even though Salvation performed poorly at the domestic box office.
Producers Derek Anderson and Victor Kubicek's Halcyon production company still currently own the rights, but they have sunk to selling off Salvation's props and costumes to cover their debts, so it's a surprise to hear McG sound so confident that he will continue helming the series. Clearly, he's banking on the statement Halcyon sent out last week:
When Halcyon announced the bidding process for the Terminator franchise last month, we indicated that in addition to an outright sale of the property, we would also consider other strategic options, including a recapitalization of the company.
Producers Derek Anderson and Victor Kubicek's Halcyon production company still currently own the rights, but they have sunk to selling off Salvation's props and costumes to cover their debts, so it's a surprise to hear McG sound so confident that he will continue helming the series. Clearly, he's banking on the statement Halcyon sent out last week:
When Halcyon announced the bidding process for the Terminator franchise last month, we indicated that in addition to an outright sale of the property, we would also consider other strategic options, including a recapitalization of the company.
- 12/7/2009
- by Ryan Gowland
- Reelzchannel.com
Producers Derek Anderson and Victor Kubicek fought to keep the rights to the Terminator franchise for their Halcyon Co. production company, but The Financial Times reports that that the rights to Terminator will be auctioned off this month.
Halcyon originally purchased the Terminator rights in 2007 for $25 million and produced a TV show, The Sarah Connor Chronicles, and the movie sequel Terminator Salvation. While Chronicles was canceled, Salvation managed to gain $371 million in worldwide box office. Still Halcyon declared bankruptcy and sued their lender, Pacifcor, who Anderson and Kubicek claim pushed them into default on their loan. A bankruptcy judge allowed the producing duo to continue to develop Terminator 5, but it looks like that will come to an end once the rights are auctioned off.
In an openly sarcastic letter to DeadlineHollywood, writer-director Joss Whedon made a bid for the Terminator rights, offering $10,000 and claiming he had solid ideas on...
Halcyon originally purchased the Terminator rights in 2007 for $25 million and produced a TV show, The Sarah Connor Chronicles, and the movie sequel Terminator Salvation. While Chronicles was canceled, Salvation managed to gain $371 million in worldwide box office. Still Halcyon declared bankruptcy and sued their lender, Pacifcor, who Anderson and Kubicek claim pushed them into default on their loan. A bankruptcy judge allowed the producing duo to continue to develop Terminator 5, but it looks like that will come to an end once the rights are auctioned off.
In an openly sarcastic letter to DeadlineHollywood, writer-director Joss Whedon made a bid for the Terminator rights, offering $10,000 and claiming he had solid ideas on...
- 11/4/2009
- by Ryan Gowland
- Reelzchannel.com
Here’s a list of some of the new movie and TV shows coming to DVD and Blu-ray this week that we’re looking forward to seeing. Also, there’s some classic, and not-so-classic, movies hitting Blu-ray for the first time this week as well.
Of all the new releases, we’re particularly interested in the Blu-ray versions of movies and TV shows such as G.I. Joe: The Rise of Cobra, North by Northwest, It’s a Wonderful Life and The Rockford Files. Plus, there’s some classic Dr. Who coming out this week as well.
Check them out.
Movies
A Christmas Carol ~ Alastair Sim, Jack Warner (Blu-ray)
Aliens in the Attic ~ Kevin Nealon, Doris Roberts (DVD and Blu-ray)
Columbia Pictures Film Noir Classics, Vol. 1 (The Big Heat / 5 Against the House / The Lineup / Murder by Contract / The Sniper) ~ (DVD)
The Claudette Colbert Collection (Three-Cornered Moon / Maid of Salem / I Met Him in Paris (1937)I Met...
Of all the new releases, we’re particularly interested in the Blu-ray versions of movies and TV shows such as G.I. Joe: The Rise of Cobra, North by Northwest, It’s a Wonderful Life and The Rockford Files. Plus, there’s some classic Dr. Who coming out this week as well.
Check them out.
Movies
A Christmas Carol ~ Alastair Sim, Jack Warner (Blu-ray)
Aliens in the Attic ~ Kevin Nealon, Doris Roberts (DVD and Blu-ray)
Columbia Pictures Film Noir Classics, Vol. 1 (The Big Heat / 5 Against the House / The Lineup / Murder by Contract / The Sniper) ~ (DVD)
The Claudette Colbert Collection (Three-Cornered Moon / Maid of Salem / I Met Him in Paris (1937)I Met...
- 11/3/2009
- by Joe Gillis
- The Flickcast
It's surely one of the most lucrative franchises in Hollywood, and yet the 'Terminator' property is not of Hollywood. Not exactly, anyway. 'Terminator' is one of those rare examples of a blockbuster franchise that is not controlled by a big Hollywood studio.
In October, we reported that the Halcyon Holding Group company had decided to sell the rights to the franchise after buying it for $25M two years ago. Owners Derek Anderson and Victor Kubicek made Terminator Salvation while in possession of those rights, but are now in need of cash to float some of their other failing companies.
According to Financial Times, the plan is now to auction off the rights later this month. The Times reports that several buyers have expressed interest in 'Terminator', including Platinum Equity, the Beverly Hills firm that owns Delphi, the auto parts maker. Meanwhile, all the big film studios have also registered interest in the rights,...
In October, we reported that the Halcyon Holding Group company had decided to sell the rights to the franchise after buying it for $25M two years ago. Owners Derek Anderson and Victor Kubicek made Terminator Salvation while in possession of those rights, but are now in need of cash to float some of their other failing companies.
According to Financial Times, the plan is now to auction off the rights later this month. The Times reports that several buyers have expressed interest in 'Terminator', including Platinum Equity, the Beverly Hills firm that owns Delphi, the auto parts maker. Meanwhile, all the big film studios have also registered interest in the rights,...
- 11/2/2009
- CinemaSpy
Less than six months after the release of the last Terminator movie, and less than two years after the franchise’s current owners bought up the rights, ownership of one of the most popular sci-fi franchises in history is up for grabs once again.
The La Times has the story:
Derek Anderson and Victor Kubicek, who acquired the science-fiction franchise in 2007 for $25 million and produced this year’s sequel “Terminator Salvation,” are now looking to sell them partially or outright as several companies owned by the duo work their way through bankruptcy.
Anderson and Kubicek’s Halcyon Holding Group has engaged financial advisory firm Fti Capital Advisors, pending bankruptcy court approval, to “evaluate strategic alternatives,” according to a statement. Since Halcyon’s only valuable asset is the Terminator rights, any deal would involve an investment in, or outright sale, of them.
I guess this means we won’t see the...
The La Times has the story:
Derek Anderson and Victor Kubicek, who acquired the science-fiction franchise in 2007 for $25 million and produced this year’s sequel “Terminator Salvation,” are now looking to sell them partially or outright as several companies owned by the duo work their way through bankruptcy.
Anderson and Kubicek’s Halcyon Holding Group has engaged financial advisory firm Fti Capital Advisors, pending bankruptcy court approval, to “evaluate strategic alternatives,” according to a statement. Since Halcyon’s only valuable asset is the Terminator rights, any deal would involve an investment in, or outright sale, of them.
I guess this means we won’t see the...
- 9/30/2009
- by Dom Duncombe
- Movie-moron.com
Back in 2007 producers Derek Anderson and Victor Kubicek bought the rights to the Terminator franchise for $25 million. This was a bit of surprise because they hadn’t really done anything, apart from a movie called Cook-Off! which they starred in themselves. They then made Terminator Salvation which wasn’t a bad movie, although it [...]...
- 9/29/2009
- by Liam
- Filmonic.com
For the record, I didn't dislike "Terminator Salvation." It was far from perfect and it felt more like a reboot than a continuation, but it was a fun action flick with good-borderline-great special effects and a promising performance from soon-to-be-everywhere Sam Worthington. None of that matters now though, as it seems the franchise is up for sale. Again.
There have been as many "Terminator" franchise owners as there have been movies, a trend that will continue at least through the fifth movie, according to the Los Angeles Times. Halcyon Holding Group heads Derek Anderson and Victor Kubicek purchased the franchise rights in 2007. As the company now inches towards bankruptcy, Halcyon is looking to sell. They've valued the property at $60 million -- more than double the $25 million they paid in 2007 -- but with home video releases incoming and additional spin-off and/or sequel possibilities, the number might not be too far off.
There have been as many "Terminator" franchise owners as there have been movies, a trend that will continue at least through the fifth movie, according to the Los Angeles Times. Halcyon Holding Group heads Derek Anderson and Victor Kubicek purchased the franchise rights in 2007. As the company now inches towards bankruptcy, Halcyon is looking to sell. They've valued the property at $60 million -- more than double the $25 million they paid in 2007 -- but with home video releases incoming and additional spin-off and/or sequel possibilities, the number might not be too far off.
- 9/29/2009
- by Adam Rosenberg
- MTV Movies Blog
Derek Anderson and Victor Kubicek acquired the rights to the "Terminator" franchise two years ago for $25 million and went on to produce "Terminator Salvation." The duo is now looking to sell the franchise partially or outright to pay the bills for some of their other failing companies. "We're going to be contacting a variety of studios and independent companies," said Kevin Shultz, senior managing director at Anderson's and Kubicek's Halcyon Holding Group company. "We think the values are considerably in excess of the purchase price." In a previous bankruptcy court filing, Anderson claimed that the "Terminator" rights are now worth more than $60 million, more than double what he and Kubicek paid. Shultz said his firm will conduct its own analysis. Some of the factors to be considered are the fact that "Salvation" doubled its $200 million budget and the film's future DVD/Blu-ray sales numbers. What this means for the "Terminator Salvation...
- 9/29/2009
- WorstPreviews.com
No major film franchise has been owned by as many people as the Terminator series. The future of the franchise was called into question recently when current owners Halcyon were forced to file for bankruptcy, but as a new piece in the La Times points out, rights shuffling almost seems like standard operating procedure if you're in the Terminator business. Halcyon Holding Group's Derek Anderson and Victor Kubicek bought the Terminator rights in 2007, paying $25m for the privilege of making Terminator: Salvation. The Terminator rights had been split prior to 1997, with Gale Anne Hurd owning 50% and a variety of companies owning the balance at different times. In 1997 former Carolco producers Mario Kassar and Andrew Vajna unified the rights by purchasing the stake from the bankrupt Carolco as well as Hurd's half. Then, ten years later, they sold the total package to Halcyon. But despite the relative success of ...
- 9/29/2009
- by Russ Fischer
- Slash Film
It looks as if another franchise could end up being a victim to the economic recession. The rights to the lucrative Terminator movie series are up for sale yet again. The La Times reports Derek Anderson and Victor Kubicek, who acquired the science-fiction franchise in 2007 for $25 million and produced Terminator: Salvation, are looking to sell the rights as they work through a Chapter 11 reorganization.
But fans shouldn’t get too worried about never seeing their favorite Terminator model on the silver screen again. There’s a long history of franchise rights changing hands over the years.
At the time of release in 1984, production company Hemdale Films owned a 50% interest and director James Cameron sold the other half to producer Gale Anne Hurd for $1. Carolco Pictures, owned by producers Mario Kassar and Andrew Vajna, bought Hemdale’s stake in 1990 for $10 million, but filed for bankruptcy in 1997.
Kassar and Vajna then created C2 Pictures,...
But fans shouldn’t get too worried about never seeing their favorite Terminator model on the silver screen again. There’s a long history of franchise rights changing hands over the years.
At the time of release in 1984, production company Hemdale Films owned a 50% interest and director James Cameron sold the other half to producer Gale Anne Hurd for $1. Carolco Pictures, owned by producers Mario Kassar and Andrew Vajna, bought Hemdale’s stake in 1990 for $10 million, but filed for bankruptcy in 1997.
Kassar and Vajna then created C2 Pictures,...
- 9/29/2009
- by Jennifer Tomooka
- The Flickcast
A couple of years ago, Derek Anderson and Victor Kubicek acquired the rights to the 'Terminator' franchise for $25M, then went on to produce Terminator Salvation. The duo is now hoping to sell the franchise, either partially or outright, to pay outstanding bills for some of their other failing companies, reports the La Times.
"We're going to be contacting a variety of studios and independent companies," said Kevin Shultz, senior managing director at Anderson's and Kubicek's Halcyon Holding Group company. "We think the values are considerably in excess of the purchase price."
In a previous bankruptcy court filing, Anderson claimed that the 'Terminator' rights are now worth more than $60M, more than double what he and Kubicek paid.
Meanwhile, Shultz said his firm will conduct its own analysis, looking closely at Salvation's overall global box office and the anticipated return on future DVD/Blu-ray sales.
And what does this mean...
"We're going to be contacting a variety of studios and independent companies," said Kevin Shultz, senior managing director at Anderson's and Kubicek's Halcyon Holding Group company. "We think the values are considerably in excess of the purchase price."
In a previous bankruptcy court filing, Anderson claimed that the 'Terminator' rights are now worth more than $60M, more than double what he and Kubicek paid.
Meanwhile, Shultz said his firm will conduct its own analysis, looking closely at Salvation's overall global box office and the anticipated return on future DVD/Blu-ray sales.
And what does this mean...
- 9/29/2009
- CinemaSpy
The story behind the scenes of Terminator Salvation is quite an interesting one [1], and pretty abnormal for such a major franchise sequel. Hollywood newcomers Derek Anderson and Victor Kubicek managed to score the rights to the Terminator franchise back in 2006 when they received a hot tip that they would be up for grabs after the previous owners, Andrew Vajna and Mario Kassar, dissolved their partnership. They were able to anonymously purchase the rights and land financing, before moving on to score distribution deals with Warner Brothers and Sony -- all without any experience producing movies outside of an indie comedy called Cook-Off! [2]. The general feeling from all parties involved was that the franchise was way more valuable than what they were paying for it, however, Terminator Salvation ultimately underperformed... which is an odd thing to say about a movie that made $370 million worldwide. Fast-forward to today, where Anderson and Kubicek...
- 9/29/2009
- by Sean
- FilmJunk
"Terminator" rights may be looking to change hands once again. According to the Los Angeles Times, Derek Anderson and Victor Kubicek, who acquired the franchise for $25 million in 2007 and produced this year's "Terminator Salvation," are looking to sell the rights fully or partially as several companies the duo own are working their way through bancruptcy. Kubicek and Anderson's Halcyon Holding Group has hired Fti Capital Advisors to "evaluate strategic alternatives" according to a statement...
- 9/29/2009
- Upcoming-Movies.com
Terminator producers Derek Anderson and Victor Kubicek are selling their rights to the science fiction franchise. According to the Los Angeles Times, companies owned by the pair are bankrupt and Fti Capital Advisors have been hired to "evaluate strategic alternatives". The duo's Halcyon Holding Group's most valuable asset is the Terminator series rights, which they purchased in 2007 for around $$25 million. "We're going to be contacting a variety of studios and independent (more)...
- 9/29/2009
- by By Simon Reynolds
- Digital Spy
This has been coming for a while, but it's now official: Terminator is on the market, so if you had your eye on buying some movie rights and the MGM catalog is too rich for your blood, you might want to to consider making the next (and probably last) two movies in this legendary sci-fi series.
The reasons why this property is available stem from producers Derek Anderson and Victor Kubicek filing for bankruptcy less than two years after purchasing these rights and less than four months after Terminator Salvation was released. The producers claim that Terminator is worth about $60 million, but this one is probably priced to move because of the bankruptcy.
The reasons why this property is available stem from producers Derek Anderson and Victor Kubicek filing for bankruptcy less than two years after purchasing these rights and less than four months after Terminator Salvation was released. The producers claim that Terminator is worth about $60 million, but this one is probably priced to move because of the bankruptcy.
- 9/29/2009
- by Colin Boyd
- GetTheBigPicture.net
If you were unhappy with the direction that the Terminator franchise took with Salvation, why not put your money where your mouth is - and buy the rights? Yes, troubled license owners Derek Anderson and Victor Kubicek, who have several companies in bankruptcy and are facing lawsuits from other partners, are offering the franchise rights for sale. Their deal for the Terminator elements originally cost them around $25 million, paid to previous owners Mario Kassar and Andrew Vajna, who had put out Terminator 2 and 3. But with their...
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- 9/29/2009
- by James White
- TotalFilm
After the misfire of the Christian Bale/McG fueled Terminator Salvation, owners Derek Anderson and Victor Kubicek are seeking to sell the rights to the franchise either partly or entirely in an effort to tunnel their way out of bankruptcy. The pair acquired the rights only two years ago, for $25 million dollars.
The franchise is understandably the only profitable property held by their Halcyon Holding Group — according to the La Times, the Terminator franchise has traded hands more often than any other major film franchise, with James Cameron selling 50% of the rights to the original Terminator to his wife Gale Ann Hurd for a scant (and hilarious) $1.00. Can you imagine owning one of the most popular science fiction franchises for the price of an item on McDonalds’ extra value meal?
The other half went from Cameron’s hands to Hemdale Film Corp. to Carolco Pictures to C2 Pictures to Halcyon...
The franchise is understandably the only profitable property held by their Halcyon Holding Group — according to the La Times, the Terminator franchise has traded hands more often than any other major film franchise, with James Cameron selling 50% of the rights to the original Terminator to his wife Gale Ann Hurd for a scant (and hilarious) $1.00. Can you imagine owning one of the most popular science fiction franchises for the price of an item on McDonalds’ extra value meal?
The other half went from Cameron’s hands to Hemdale Film Corp. to Carolco Pictures to C2 Pictures to Halcyon...
- 9/29/2009
- by John Cooper
- Atomic Popcorn
After "Terminator Salvation" grossed over $371 million worldwide this summer, a fifth installment to the popular franchise seemed inevitable. That may not be the case. Producers Derek Anderson and Victor Kubicek are reportedly looking to sell the rights to the property either partially or completely as their companies work their way through bankruptcy court.According to The Los Angeles Times, the duo has hired a financial advisory firm to "evaluate strategic alternatives." Halcyon has one and only one asset at their disposal: the "Terminator" franchise. A spokesman told the paper they would be "contacting a variety of studios and independent companies" and...
- 9/29/2009
- by Gregory Ellwood
- Hitfix
The Los Angeles Times has a lengthy and extensive report on the status of Derek Anderson and Victor Kubicek's Halcyon Holdings, who bought the rights to the "Terminator" franchise for $25 million in 2007 in order to produce this summer's Terminator Salvation , but who have now hired the financial advisory firm Fti Capital Advisors to look into their options, having filed for bankruptcy. The thought is that the sale of the rights to the franchise could help make the production company solvent again. For much of the earlier part of the year, there was a lot of talk about there being a Terminator 5 , mostly coming from McG, but the poor reaction and box office showing of "Salvation," at least domestically didn't seem to warrant another installment. The Los...
- 9/28/2009
- Comingsoon.net
Producers Derek Anderson and Victor Kubicek purchased the rights to the Terminator franchise in 2007 for their Halcyon Co. production company, using a $30-million loan from hedge fund Pacifcor. Two years later, Terminator Salvation has earned $371 million worldwide, mostly overseas, while Anderson and Kubicek have filed for bankruptcy.
But things are looking up for them. Variety reports that a bankruptcy judge has given the producers a reprieve, allowing them to continue developing Terminator 5 and other properties. The producers blame Pacificor for pushing them into default, and Anderson thinks Salvation's quick turnaround was also at fault.
From when we heard about the possible opportunity, and the time in which we had to act, when we closed on the rights, the development of the script, to when the film was released, was such a short window. There were huge time obstacles we had to overcome. Obviously, this is the last place we thought we would be in.
But things are looking up for them. Variety reports that a bankruptcy judge has given the producers a reprieve, allowing them to continue developing Terminator 5 and other properties. The producers blame Pacificor for pushing them into default, and Anderson thinks Salvation's quick turnaround was also at fault.
From when we heard about the possible opportunity, and the time in which we had to act, when we closed on the rights, the development of the script, to when the film was released, was such a short window. There were huge time obstacles we had to overcome. Obviously, this is the last place we thought we would be in.
- 9/14/2009
- by Ryan Gowland
- Reelzchannel.com
The Terminator franchise may be done after Terminator Salvation, and it's not because of the movie's box-office performance. While Salvation may have done only mediocre business domestically, it performed extremely well overseas, enough for director McG to start planning a fifth, time-traveling-centric movie. However, Terminator producers Derek Anderson and Victor Kubicek, whose production company The Halcyon Company owns the Terminator movie rights, have put the future of the franchise in doubt by entering into a legal and financial snafu.
The LATimes has been following the story, which breaks down like this: First, Anderson and Kubicek filed a lawsuit against hedge fund Pacificor, the investor who loaned the duo the money to buy the Terminator rights. Then, two days later, Anderson and Kubicek filed for bankruptcy. If the two cannot return the money or win the lawsuit, then the Terminator rights will end up in the hands of Pacificor. The LATimes...
The LATimes has been following the story, which breaks down like this: First, Anderson and Kubicek filed a lawsuit against hedge fund Pacificor, the investor who loaned the duo the money to buy the Terminator rights. Then, two days later, Anderson and Kubicek filed for bankruptcy. If the two cannot return the money or win the lawsuit, then the Terminator rights will end up in the hands of Pacificor. The LATimes...
- 8/24/2009
- by Ryan Gowland
- Reelzchannel.com
Fans of the Terminator films are wondering about the future of the franchise after producers filed for bankruptcy in Los Angeles.
Three companies belonging to Derek Anderson and Victor Kubicek filed for Chapter 11 bankruptcy last Monday, according to the Los Angeles Times.
On the same day, the pair sued their primary investor, Santa Barbara hedge fund Pacifor.
Anderson and Kubicek are owners of the Terminator franchise rights and producers of Terminator Salvation, which was released in the USA in May and in the UK in June and starred Christian Bale and Sam Worthington (pictured above).
Anderson and Kubicek are said to have failed to make a payment demanded by Pacificor, which financed their $30million purchase of the Terminator rights in 2007 and made two subsequent loans to their Halcyon production firm worth $9million.
The duo said they couldn't make the payment because of a lien (legal claim) that Pacificor placed on Dominion Holdings,...
Three companies belonging to Derek Anderson and Victor Kubicek filed for Chapter 11 bankruptcy last Monday, according to the Los Angeles Times.
On the same day, the pair sued their primary investor, Santa Barbara hedge fund Pacifor.
Anderson and Kubicek are owners of the Terminator franchise rights and producers of Terminator Salvation, which was released in the USA in May and in the UK in June and starred Christian Bale and Sam Worthington (pictured above).
Anderson and Kubicek are said to have failed to make a payment demanded by Pacificor, which financed their $30million purchase of the Terminator rights in 2007 and made two subsequent loans to their Halcyon production firm worth $9million.
The duo said they couldn't make the payment because of a lien (legal claim) that Pacificor placed on Dominion Holdings,...
- 8/23/2009
- by David Bentley
- The Geek Files
"Terminator: Salvation" was considered at the very least to be a box office success, but that hasn't stopped the producers who bought the rights to the movie franchise to file for bankruptcy protection. Halcyon Holding Group LLC, which does business as The Halcyon Co., along with subsidiary T. Asset Acquisition Co. LLC, have filed for Chapter 11 bankruptcy reorganization with the U.S. Bankruptcy Court's Central District of California Aug. 17 claiming assets and liabilities of between $10 million and $50 million. A Chapter 11 bankruptcy allows a company to reorganize its debt as a way to continue business, and is different from a Chapter 7, which is an outright liquidation of assets and typically signals the end of a company. Derek Anderson and Victor Kubicek, the two men who own ...
- 8/22/2009
- GeekNation.com
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