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“Terminator” Terminated? Actually, Restructured!

Terminator-Salvation_l

Memo to all Cyborg Geeks:

“Gentlemen, we can rebuild him. We have the technology….We can make him better than he was before. Better, stronger, faster.”

Wait, that’s “The Six Million Dollar Man” motto!

But it might as well apply to the entertainment outfit that owns the “Terminator” movie franchise.

Today, according to blogger Nikke Finke of Deadline Hollywood, the Halcyon Holding Group, after recently filing for Chapter 11 protection, has hired FTI Capital Advisors “to evaluate strategic alternatives for the company.”

In other words: Selling off Skynet!

Halcyon, which made the most recent “Terminator Salvation” film and “owns the first-look rights to the works of science fiction writer Philip K. Dick,” has been fighting with a hedge fund that gave it money to buy the famous series that takes a very bleak view of the future.

Almost as bleak as that of Halcyon if it doesn’t come up with a plan to bring me my annual dose of cybernetic organisms, which is–of course!–living tissue over a metal endoskeleton.

It better be back.

Here’s the original trailer for the very first “Terminator” movie, which pretty much rocks:

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Kara Swisher started covering digital issues for The Wall Street Journal's San Francisco bureau in 1997 and also wrote the BoomTown column about the sector. With Walt Mossberg, she co-produces and co-hosts D: All Things Digital, a major high-tech and media conference. Read more »

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