‘TERMINATOR’ RIGHTS SELL FOR $29.5 MIL

February 9th, 2010 | Tags:

BREAKING NEWS! EXCLUSIVE: I’ve learned that the auction for the Terminator movie rights just ended after a marathon bidding session today that streched from 3 PM this afternoon until 8 PM tonight. Both Sony Pictures and Lionsgate separately were bidding for the franchise, and then joined up after the first round was completed. 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 [...]

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