McG To Direct More Terminator Movies
Posted 12.07.09 by Ryan
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. Over the past few weeks Halcyon and its professionals have engaged in in-depth discussions and negotiations with numerous serious potential buyers, including several major movie studios. In addition, a number of attractive refinancing alternatives have also been presented. In order to maximize the value of a transaction for all of the company's creditors and stakeholders, we are fully analyzing all these options. As a result, we will not be committing to a 'stalking horse' bid at this time. Nonetheless, given the significant positive interest in the Terminator franchise, we expect to be in a position to announce a successful sale or recapitalization no later than February 1, 2010.
Should Halcyon be able to "recapitalize" and hold onto the Terminator rights, it would still be surprising if they allowed McG to continue to direct more Terminator movies considering all they've been through. The only person it wouldn't surprise is McG.