The Terminator bidding war is officially over, and the two front runners, Lionsgate and Sony lost out to Pacificor. Who is Pacificor you ask? Apparently, they’re the new owners of one of the most ground breaking sci-fi film series of all time! Over at Deadline Hollywood, they exclusively broke the news that a final bid had been placed and received on behalf of the company. But, seriously who are these guys and where did they come from?

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The rights for the Terminator franchise are still up in the air as several studios and private production companies are trying to snatch up the property. The rights were taken away from previous owners, The Halcyon Group, when they found themselves in massive debt that they couldn’t repay. Now Terminator is on the auction block with Lionsgate showing interest, and Sony not far behind.

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Last year the rights for the Terminator movie franchise that launched over 25 years ago went up for sale. The former owners of the property could no longer afford to hold on to it, and after a lot of Hollywood red tape and multiple lawyers, Termiantor hit the chopping block. And according to the Los Angeles Times, Lionsgate currently has the upper hand in the studio bidding war.

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Earlier this year everyone was up in arms over Terminator Salvation and how it didn’t fit in with James Cameron’s vision. We all wanted to know what Cameron thought about the sequel but he kept pressing that he was too busy to see the movie. But now, with Avatar finished he had no more excuses and finally admitted to watching the movie. So the big question is, what did he think?

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In February of 2010, the rights of the Terminator franchise will be up for grabs thanks to the legal problems of current owner Halcyon. Even with the drama over who will own what and when, Terminator Salvation director McG is confident that he’ll still be on board for not only a 5th but a 6th sequel.

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There’s a reason why Joss Whedon has such as strong fan base. It’s because he’s talented, honest, and down right funny when he wants to be. Earlier this morning we brought you news that the Terminator franchise rights are being auctioned for sale this month, and several studios are interested in making the purchase. Well, the first official bid is coming from Whedon, who has sent out a letter listing his bid amount, as well as a few ideas he has in mind for the series.

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It’s hard to believe that something as epic as the Terminator mythology could have a price tag, but it does. Over the past few months it’s been no secret that the producers who own the rights to Terminator have been involved in a heated legal battle over the property. According to the Financial Times, the franchise rights will officially be auctioned off this month, so how much is the series worth to Hollywood?

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Halcyon Holding Group, which owns the Terminator franchise has been forced to restructure its infrastructure. HHG filed for Chapter 11 protection last month and has now hired FTI Capital Advisors to evaluate strategic alternatives for the company. Halcyon’s in a dispute with Pacificor, the Santa Barbara based hedge fund company that financed Halcyon’s purchase of the Terminator franchise.

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Recently the production of the Terminator Salvation follow up has come into question. Over at the LATimes, they gave a rundown of all of the recent road blocks the film has encountered within the past few months. The luke warm response to the fourth installment didn’t exactly encourage studio execs to shell out money for another one. So, with so many issue to draw from, is Terminator 5 in trouble?

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