I’ll preface this story by saying the following:

Terminator Salvation is a great movie. The DVD for it is shit. They’d better be a double dip that’s worth it. Selling all the Salvation props is insane…right?

Alright now that’s out of the way there’s a whole lot of flapping of lips and waggling of tongues from Halcyon today courtesy of Nikki Finkes’ Deadline Hollywood Blog about the Terminator rights.

Basically there’s a lot of interest and Halcyon might be refinancing but NO MATTER WHAT something will be announced by February 1, 2010.

The statement from Halcyon and more after the break.

Here’s the Statement in all it’s glory.

When Halcyon announced the bidding process for the Terminator franchise last month, we indicated that in addition to an outright sale of the property, we would also consider other strategic options, including a recapitalization of the company. Over the past few weeks Halcyon and its professionals have engaged in in-depth discussions and negotiations with numerous serious potential buyers, including several major movie studios. In addition, 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. As a result, we will not be committing to a ’stalking horse’ bid at this time. Nonetheless, given the significant positive interest in the Terminator franchise, we expect to be in a position to announce a successful sale or recapitalization no later than February 1, 2010.

So yes pretty much there’s major studios interested. And plenty of attractive refinancing options.

This of course means that Halcyon may retain Terminator rights.

IF they do we might get the proposed Salvation sequel.

Hurry up and wait and see, Feb 1 can’t come fast enough for me.

Ross Out.