Reports are brewing that the production company behind Terminator: Salvation, Halycon, will be auctioning off rights to the Terminator franchise. These rights will include the creation of new films, television series and other media spin-offs, but will not include previously released films.
The whole thing is rather confusing, but not unprecedented. In fact, the Teenage Mutant Ninja Turtles rights were just auctioned off for a cool $60 million. The Terminator is expected to exceed that figure. Halycon is in bankruptcy now, so I guess this is just part of selling off the assets. Halycon secured the rights for $25 million two years ago, but it would seem the profile of the property has risen since then.