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.
I want more like this!
Follow Film Drunk on Facebook and get the latest movie news and humor before everyone else.