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Updated Thursday, November 5, 2009 10:39 am TWN, Reuters

'Terminator' franchise may go on auction block

NEW YORK -- The bankrupt company that owns the rights to the “Terminator” movie franchise is preparing to auction the rights next year and is already seeing strong interest, an advisor to the company said on Tuesday.

Halcyon Holding Group acquired the rights to the Terminator franchise in 2007 for about US$25 million. The rights include revenue from future films, games, DVDs and television for the series, but the company has no or limited rights to revenue from the first three films.

Halcyon, which filed for Chapter 11 bankruptcy protection in August, is a production company that produced the latest movie about the iconic robot from the future, “Terminator Salvation”.

It is looking to conduct a sale of its assets in January, according to Kevin Schultz, senior managing director at FTI Capital Advisors, who is helping the company explore its strategic alternatives.

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