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LiquidMetal
Halcyon Files for Bankruptcy!
Aug 19 2009, 12:23 PM EDT | Post edited: Aug 19 2009, 12:27 PM EDT
It's over folks!

'Terminator' producers file for bankruptcy, creditors include Schwarzenegger, Christian Bale, McG.

Halcyon is composed of three companies: T Asset Acquisition Company, Dominion Group and Halcyon Holding Group

http://latimesblogs.latimes.com/entertainmentnewsbuzz/2009/08/terminator-producers-file-for-bankrupcty-creditors-include-schwarzenegger-christian-bale-mcg.html
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ninelives888
ninelives888
1. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:25 PM EDT | Post edited: Aug 19 2009, 12:25 PM EDT
Guess thats why Bale did that press conference where he was emphatic about not being locked in to do another movie. 0  out of 3 found this valuable. Do you?    
R3animation
R3animation
2. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:28 PM EDT | Post edited: Aug 19 2009, 12:28 PM EDT
So who will end up with the rights to the franchise now? Do you find this valuable?    

LiquidMetal
3. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:29 PM EDT | Post edited: Aug 19 2009, 12:29 PM EDT
"So who will end up with the rights to the franchise now?"
Probably the creditors.
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MetalShifter
MetalShifter
4. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:29 PM EDT | Post edited: Aug 19 2009, 12:30 PM EDT
Who do you think will be the "next" owner of the Terminator franchise then?
(All of those people on this list in common?)
-MS
*edit* Sorry, I typed too slow!
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ninelives888
ninelives888
5. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:30 PM EDT | Post edited: Aug 19 2009, 12:33 PM EDT
*sarcasm*
The government should have stepped in like with this fiasco with GM. A company I love, but as a taxpayer I would like to see the terminator franchise chug along as much I do chevrolet.
As stated... end sarcasm.

The very fact that "who has the rights" to do creative projects will be in the courts for a while will stop any development of new entertainment. It will be an unknown what the rights to use the intellectual property will cost.
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LiquidMetal
6. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:36 PM EDT | Post edited: Aug 19 2009, 12:37 PM EDT
Besides the creditors, this means WB and Sony are out a cr*p load of money.

This thing will be in the court systems for years, which impacts any chance of TSCC coming back as well as a T5 movie.
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Enigma6482
Enigma6482
7. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:39 PM EDT | Post edited: Aug 19 2009, 12:39 PM EDT
"Besides the creditors, this means WB and Sony are out a cr*p load of money.

This thing will be in the court systems for years, which impacts any chance of TSCC coming back as well as a T5 movie."
*Sigh...*
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sNaKeBiTe69
sNaKeBiTe69
8. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:39 PM EDT | Post edited: Aug 19 2009, 12:39 PM EDT
But does this have any effect on a possible season 3 of TSCC? Who holds the rights for TSCC? Do you find this valuable?    

LiquidMetal
9. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:41 PM EDT | Post edited: Aug 19 2009, 12:41 PM EDT
"But does this have any effect on a possible season 3 of TSCC? Who holds the rights for TSCC?"
WB owns most of the rights, however Halcyon owns certain "elements" of TSCC, which has never been made public as to what "elements" is composed of.

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m1919
10. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:43 PM EDT | Post edited: Aug 19 2009, 12:44 PM EDT
I guess TSCC really is dead. *sigh* Do you find this valuable?    
kaotic
kaotic
11. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:44 PM EDT | Post edited: Aug 19 2009, 12:44 PM EDT
"I guess TSCC is dead. *sigh*"
Yeah, unless the WB can get the 'elements' of the show that LM is talking about.
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LiquidMetal
12. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:46 PM EDT | Post edited: Aug 19 2009, 12:46 PM EDT
"Yeah, unless the WB can get the 'elements' of the show that LM is talking about."
However, WB lost $60 million dollars with T4.

I don't think WB will be spending money on TSCC after this.
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Erin_Amalgam
Erin_Amalgam
13. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:46 PM EDT | Post edited: Aug 19 2009, 12:46 PM EDT
Oh no!! :O

What will happen to our beloved site? I live here! Should I prepare for homelessness? :(
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Gulde
Gulde
14. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:48 PM EDT | Post edited: Aug 19 2009, 12:48 PM EDT
Oh sh*t. This means, that WB will not get any money from sales of TSCC sales? Who will get them then? Investors? Do you find this valuable?    

m1919
15. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:49 PM EDT | Post edited: Aug 19 2009, 12:54 PM EDT
Thank you Halcyon for screwing over the franchise. The war is has been lost... Do you find this valuable?    
kaotic
kaotic
16. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:49 PM EDT | Post edited: Aug 19 2009, 12:49 PM EDT
"However, WB lost $60 million dollars with T4.

I don't think WB will be spending money on TSCC after this."
I think it's over as well, even if the DVD sells are good I don't think we'll see TSCC back again.
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Enigma6482
Enigma6482
17. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:50 PM EDT | Post edited: Aug 19 2009, 12:50 PM EDT
Maybe Halcylon just owned the crazy Sarah centered episodes... ;-) Do you find this valuable?    
spear401
spear401
18. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:52 PM EDT | Post edited: Aug 19 2009, 12:53 PM EDT
Oh, man. {sigh}

EDIT: TSCC Rules!!
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m1919
19. RE: Halcyon Files for Bankruptcy!
Aug 19 2009, 12:54 PM EDT | Post edited: Aug 19 2009, 12:54 PM EDT
I'm considering seppuku... Do you find this valuable?    
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