Description: On May 9, 2007, it was announced that production rights to the Terminator series had passed from the feuding Vajna and Kassar to the Halcyon Company. The producers hoped to start a new trilogy based on the franchise. By July 19, the project was in legal limbo due to a lawsuit between MGM and Halcyon subsidiary T Asset. MGM had an exclusive window of 30 days to negotiate for distribution of the Terminator films. When negotiating for Terminator 4, Halcyon rejected their initial proposal, and MGM suspended negotiations. After the 30 days were over, MGM claimed that the period during which negotiations were suspended did not count and their...     ( +expand to view full text )

Description: On May 9, 2007, it was announced that production rights to the Terminator series had passed from the feuding Vajna and Kassar to the Halcyon Company. The producers hoped to start a new trilogy based on the franchise. By July 19, the project was in legal limbo due to a lawsuit between MGM and Halcyon subsidiary T Asset. MGM had an exclusive window of 30 days to negotiate for distribution of the Terminator films. When negotiating for Terminator 4, Halcyon rejected their initial proposal, and MGM suspended negotiations. After the 30 days were over, MGM claimed that the period during which negotiations were suspended did not count and their exclusive period was still open. Halcyon asked a court for an injunction allowing them to approach other distributors. Later, the lawsuit was settled and MGM got a 30-day right of first refusal to finance and distribute the fifth Terminator film.