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 could have been better. It wasn’t really a flop as it made $370+ million worldwide, although it should have made more than $125 million in the US.

Now according to the L.A Times the Terminator rights will be trading hands once again.

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.

A Halcyon spokesperson said that the company will pay back all of its debts in full following a Terminator transaction.

A few months ago director McG was talking about setting Terminator 5 in a pre-Judgment Day 2011, but I doubt there will be another further developments until the rights are sorted out.

Read similar posts to Terminator rights up for sale on Filmonic