TERMINATOR’S CREDIT RATING TERMINATED

Entertainment Editor
08.25.09 14 Comments

     Two dollars.

Terminator Salvation has grossed over $370 million worldwide so far (and still isn’t out on DVD).  Yet this is happening:

Three companies belonging to Derek Anderson and Victor Kubicek, owners of the “Terminator” franchise rights and producers of May’s “Terminator Salvation,” have filed for bankruptcy […] Those owed the most money include a number of top industry law firms such as Greenberg Traurig ($437,618.61); Glaser, Weil, Fink, Jacobs, Howard, & Shapiro ($120,672.89) and O’Melveny & Myers ($96,565.86). They also owe $25,000 to C2 Pictures, the production company controlled by previous “Terminator” owners Mario Kassar and Andrew Vajna.  In addition, one British individual [Orlando Wood]  is owed $3.5 million. There is no reason given for any of the debts.  The three companies each list estimated assets and liabilities totaling between $10 million and $50 million. [The LA Times]

But don’t worry about Anderson and Kubicek.  They’ll be fine:

According to several people familiar with their “Terminator Salvation” deal, Anderson and Kubicek will earn the greater of $5 million or 5% of the movie’s revenues as producers.

Prior to Terminator Salvation the pair had produced one direct-to-DVD comedy, Cook-Off! starring Diedrich Bader and Louie Anderson. How Derek Anderson and Kubicek managed to score franchise rights to Terminator is a very long story that can be summed up like this: 

*sweeps hands through air* MAGIC.

Another bit of trivia from that long article:

People close to the matter said the director [McG] received $6 million and Bale $8 million and both are guaranteed a percentage of gross ticket sales.  They added that Halcyon also made a $10-million deal with McG to direct another sequel, and that Bale is on board for two more films, for which he’ll make about $15 million and $20 million, respectively.

Yep.  The guy Bill Murray headbutted got $6 million but a “longtime acquaintance” of the producers who gave them $3.5 million of his own money still hasn’t been paid back.  Hooray for Hollywood.

~ robopanda

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When not writing for Uproxx, Caleb likes to volunteer at the legless cat shelter and photoshop the Babadook into all of his family photos. He once resolved the question “To be or not to be?” through the clever use of General Semantics. Your mom thinks you could be more like him if you only applied yourself.

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