It was just under intense back and forth bidding and quickly we have a victor emerging from the rubble! Megan Ellison has won the
Source: Deadline
Megan Ellison has won an auction for the rights to make at least two more installments of The Terminator franchise, with Fast Five’s Justin Lin attached to direct and Arnold Schwarzenegger attached to star. The deal came down to Ellison’s Annapurna Films and Lionsgate, which seemed to have had the project sewn up until she came forward with a dramatic bid. The auction at the time was for a guarantee for at least half of the $29.5 million paid by hedge fund Pacificor to pull the franchise out of bankruptcy.
Looks like we’re getting 2 more movies soon-ish before those rights revert back to James Cameron. I’m definitely looking forward to see how things develop from here. The Governator has expressed interest in returning to this franchise with Justin Lin in the directors seat, and I’m intrigued to find out what ideas they may have for this franchise.
