According to the L.A. Times, Derek Anderson and Victor Kubicek, the Hollywood producers who own the Terminator franchise, are looking to sell it off in the wake of their company's bankruptcy. The Halcyon Holding Group, home of The Halcyon Company film studio, is undergoing chapter 11 reorganization, and the Terminator franchise is their only asset of value.

In order to pay off their debt, the producers need to find either a buyer or an investor. They purchased the Terminator rights in 2007 for $25 million. However, they claim that the rights' value exceed $60 million. Of course, the final value will be up to the potential buyers to decide.

McG (Joseph McGinty Nichol), the director of the franchise's most recent film, this year's Terminator Salvation, is currently slated to direct a fifth installment. That may change if the franchise is sold, especially considering Terminator Salvation's poor critical reception. All in all, a possible changing of directors for the series' next film is likely the only major change the franchise will face if it is sold. As the Times points out, the Terminator rights have been sold many times before. This development is unlikely to make much difference to filmgoers in the end. It will be interesting, though, to see who (if anyone) picks the franchise up.