It may feel odd to call Terminator: Salvation a bomb. After all, it did north of $100 million domestically and well over $300 million internationally, but when your budget is $200 million before advertising costs and your movie is a soulless, lunk-headed piece of junk that no one really cared enough about to champion, you've got a problem. That problem, as reported on Sci-fi Squad previously, is bankruptcy for Halcyon, the company that gave McG a fistful of millions to get bossed around by Christian Bale and drive an already struggling franchise deeper into the Earth's crust.
It's time for an update on this ever-troubled series. Halcyon has announced that the Terminator and John Connor will have a new home by February 1st at the latest. It seems that Halcyon has "engaged in in-depth discussions and negotiations with numerous serious potential buyers, including several major movie studios" and that "a number of attractive refinancing alternatives have also been presented. In order to maximize the value of a transaction for all of the company's creditors and stakeholders, we are fully analyzing all these options."
In regular-person-speak, this translates as "Who's going to give us the most money? Huh? HUH?!" The plan is to use these "discussions" to decide on an appropriate starting bid for the film, TV, DVD and merchandising rights.