Terminator Producers Go Bankrupt

Terminator Producers Go Bankrupt

Despite earning $370 million on Terminator Salvation (pre-DVD release), the owners of the rights to Terminator file for Chapter 11 bankruptcy.

By bsprecher - Aug 19, 2009 12:08 PM EST
Filed Under: Terminator








Hollywood accounting gives me a headache. I have a difficult enough time balancing my checkbook, so I can't even imagine how complicated it must be to produce a major motion picture. Apparently, it's even too complicated for the producers of Terminator Salvation, because they just declared bankruptcy, despite the fact that the May movie has earned more than $370 million at the box office.

Producers Derek Anderson and Victor Kubicek, who jointly own the rights to Terminator, claim their investors pushed them into making bad business decisions and illegally placed a lien on their companies. The list of creditors for their three companies is long and includes Terminator Salvation director McG and star Christian Bale. The original Terminator, Governor Arnold Schwarzenegger is also named in the suit.

It is unclear what this means for the future of the Terminator franchise.
About The Author:
bsprecher
Member Since 7/15/2008
James Cameron Confirms Arnold Schwarzenegger Won't Star In His TERMINATOR Reboot; Casts Doubt On AVATAR 4
Related:

James Cameron Confirms Arnold Schwarzenegger Won't Star In His TERMINATOR Reboot; Casts Doubt On AVATAR 4

James Ransone’s Wife Posts Touching Tribute To The IT: CHAPTER TWO And SINISTER Star Following His Passing
Recommended For You:

James Ransone’s Wife Posts Touching Tribute To The IT: CHAPTER TWO And SINISTER Star Following His Passing

DISCLAIMER: As a user generated site and platform, ComicBookMovie.com is protected under the DMCA (Digital Millenium Copyright Act) and "Safe Harbor" provisions.

This post was submitted by a user who has agreed to our Terms of Service and Community Guidelines. ComicBookMovie.com will disable users who knowingly commit plagiarism, piracy, trademark or copyright infringement. Please CONTACT US for expeditious removal of copyrighted/trademarked content. CLICK HERE to learn more about our copyright and trademark policies.

Note that ComicBookMovie.com, and/or the user who contributed this post, may earn commissions or revenue through clicks or purchases made through any third-party links contained within the content above.

View Recorder