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The battle to relaunch The Terminator begins!

May. 13, 2011by: Niki Stephens

UPDATE - Deadline is reporting that upstart producer Megan Ellison beat out Lionsgate for the rights to two new TERMINATOR films. No details on exactly how much was spent but speculation has it around the $20 million mark. Ellison will reportedly next start working on foreign rights to the project before finding a US studio to strike up a deal with (think Universal who would love to stay in the Justin Lin business).

Right now, there's a battle between Lionsgate and indie financier Megan Ellison and her company, Annapurna Films to purchase the rights to relaunch THE TERMINATOR franchise.

Yesterday, Lionsgate almost had the whole shabang when they were planning to pay at least half of the $29.5 million that Pacificor had laid down for the package last year. This was until Megan Ellison came in with a higher bid. The only thing Ellison lacks is a distributor.

Well, who the hell is Megan Ellison and why does she deserve the rights to continue THE TERMINATOR franchise? Actually, Ms. Ellison has been helping finance many sought after projects like Paul Thomas Anderson's untitled Scientology drama, Kathryn Bigelow's KILL BIN LADEN, and John Hillcoats THE WETTEST COUNTY IN THE WORLD. The girl knows what to invest her money in.

But why grab a property like THE TERMINATOR? For a little payback. There's no guarantee on whether the few films that she has recently financed will make top dollar. With a big, well-known franchise, Ellison could easily recoup some change back. However, she'd have to jump on it quick. By 2018, the rights revert back to James Cameron and although he doesn't really want anything to do with it anymore, it still puts a time frame on the relaunch.

So who has the more capable hands? Lionsgate does have many resources and would definitely kick the shit out. They would also most likely keep Justin Lin on as director. However, Ellison and Annapurna Films could allow for more creative freedoms so they wouldn't have to turn out a quickly made crapfest.

The deal is said to close shortly, so I guess we will find out soon enough.

Source: Deadline

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5:16PM on 05/12/2011
I have approximately 10 dollars in my bank account, and I would like to join the bidding game. I promise, using the entirety of the joblo community, to create the most badass Terminator film possible.

(wish it worked this way)
I have approximately 10 dollars in my bank account, and I would like to join the bidding game. I promise, using the entirety of the joblo community, to create the most badass Terminator film possible.

(wish it worked this way)
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5:24PM on 05/12/2011
Hi, John Matrix here, and I approve of this Alexkarmamojo guy's idea.
You can also count on my 10$ Joblo community. Let's make this happen. Let US buy and make the next Terminator movie. I'll even lend one of my Predators is you want one in it.
Hi, John Matrix here, and I approve of this Alexkarmamojo guy's idea.
You can also count on my 10$ Joblo community. Let's make this happen. Let US buy and make the next Terminator movie. I'll even lend one of my Predators is you want one in it.
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+5
5:38PM on 05/12/2011
At least without Lionsgate there'd be a chance for R. I tend to think Big Studios have absolutely nothing to prove and usually just play it safe and turn their films into whatever is hot at the moment. A donation film studio is a cool idea I must admit.
At least without Lionsgate there'd be a chance for R. I tend to think Big Studios have absolutely nothing to prove and usually just play it safe and turn their films into whatever is hot at the moment. A donation film studio is a cool idea I must admit.
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+6
5:42PM on 05/12/2011
I hope Ms. Ellison wins this fight. Unlike Paris Hilton, she's a rich heiress who uses her wealth for the good of mankind. Well, at least the film geek part of mankind. Anybody who steps in to save projects by Anderson and Hillcoat is awesome in my book.
I hope Ms. Ellison wins this fight. Unlike Paris Hilton, she's a rich heiress who uses her wealth for the good of mankind. Well, at least the film geek part of mankind. Anybody who steps in to save projects by Anderson and Hillcoat is awesome in my book.
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+4
6:49PM on 05/12/2011
Overall I get the feeling we're about to get more of the same. Bring in a real wild card director and do something different - imagine a Luc Besson Terminator or a Guillermo del Toro version. Time for a big change - and no I didn't 'hate' T3 & Terminator Salvation but they didn't exactly break new ground either.
Overall I get the feeling we're about to get more of the same. Bring in a real wild card director and do something different - imagine a Luc Besson Terminator or a Guillermo del Toro version. Time for a big change - and no I didn't 'hate' T3 & Terminator Salvation but they didn't exactly break new ground either.
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7:22PM on 05/12/2011

Give it to Ellison

I have no idea who she is, but just the fact that she has any ties to Kathryn Bigelow and Paul Thomas Anderson shows she's got taste. Maybe she could even develop the next Terminator for Bigelow. Who better to direct to the next Terminator then Cameron's ex-wife. If you can't get Cameron, she would be the next closest thing.
I have no idea who she is, but just the fact that she has any ties to Kathryn Bigelow and Paul Thomas Anderson shows she's got taste. Maybe she could even develop the next Terminator for Bigelow. Who better to direct to the next Terminator then Cameron's ex-wife. If you can't get Cameron, she would be the next closest thing.
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7:28PM on 05/12/2011
I would be totally down with a Katheryn Bigelow terminator film.
I would be totally down with a Katheryn Bigelow terminator film.
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7:29PM on 05/12/2011

Yes Please

I love all these films. (Maybe I don't LOVE T3, but still) I'm hip to any place they want to take this story.
I love all these films. (Maybe I don't LOVE T3, but still) I'm hip to any place they want to take this story.
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8:03PM on 05/12/2011
i just hope that she gets a better director and creative good writers. Justin Lin is not that great of a director.
i just hope that she gets a better director and creative good writers. Justin Lin is not that great of a director.
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8:20PM on 05/12/2011

Annapurna Films

Its funny Ms.Ellison named her company Annapurna cos in Hinduism Annapurna is the Goddess of Food/Contentment . Anna means Food/grain and Purna means to fulfil or complete.

Now you guys know!!
Its funny Ms.Ellison named her company Annapurna cos in Hinduism Annapurna is the Goddess of Food/Contentment . Anna means Food/grain and Purna means to fulfil or complete.

Now you guys know!!
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10:14PM on 05/12/2011
Justin Lin will be fine.
Justin Lin will be fine.
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+0
10:30PM on 05/12/2011
Who cares? Can we move on already?

T and T2 happened, and I'm content with that.
Who cares? Can we move on already?

T and T2 happened, and I'm content with that.
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10:39PM on 05/12/2011

F*** This !!!

Message to Arnold:

Go do Expendables 2. Make a cameo in the new Total Recall 3. Call Maria and tell her; "Consida it a davorce".
Message to Arnold:

Go do Expendables 2. Make a cameo in the new Total Recall 3. Call Maria and tell her; "Consida it a davorce".
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11:12PM on 05/12/2011
Wait, lemme get this straight. First Megan Ellison helps out one of my favorite directors and now she wants to help out one of my favorite franchises? Is Ms. Ellison real or just a conjured up idea of a dream studio financier created from geek consciousness? Whatever the case I applaud her in all the decisions she makes. This distribution business shouldn't be a set back either, what studio wouldn't want to distribute a Terminator movie?
Wait, lemme get this straight. First Megan Ellison helps out one of my favorite directors and now she wants to help out one of my favorite franchises? Is Ms. Ellison real or just a conjured up idea of a dream studio financier created from geek consciousness? Whatever the case I applaud her in all the decisions she makes. This distribution business shouldn't be a set back either, what studio wouldn't want to distribute a Terminator movie?
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12:08AM on 05/13/2011
Wait did I just read the line "sought after projects like Paul Thomas Anderson's untitled scientology drama" Sought after scientology drama? Now THAT would make a good comedy film. Bowfinger 2???
Wait did I just read the line "sought after projects like Paul Thomas Anderson's untitled scientology drama" Sought after scientology drama? Now THAT would make a good comedy film. Bowfinger 2???
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8:45AM on 05/13/2011
Idk... I liked Bale as Connor, would have liked to see him play that character for a couple more flicks as origianlly planned.
Idk... I liked Bale as Connor, would have liked to see him play that character for a couple more flicks as origianlly planned.
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1:45PM on 05/13/2011

but....

wasn't the last one some sort of reboot, in a new era and minus the time travel? The time travel was over done and nothing could stand up to Cameron's flick any way.
wasn't the last one some sort of reboot, in a new era and minus the time travel? The time travel was over done and nothing could stand up to Cameron's flick any way.
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