Plans for a 3D animated movie based on the hit Terminator movie series has hit a legal snag related to ownership of certain rights to the franchise. The project was announced last week in a press release from Hannover House and Red Bear Entertainment, and was immediately met with a cease and desist letter from Pacificor, which owns the rights to franchise, reports Deadline.com. Hannover House CEO Eric Parkinson told Deadline.com that he has certain proprietary rights that allow him to make the film. Those rights are related to Parkinson’s tenure at Hemdale Home Video, which once owned the much-passed-about rights to the franchise. Parkinson told the site he received animation rights to the franchise when he left the company.
He also says he intends to show Pacificor that he has backers in place to make the $70 million movie and that it will deliver a big payday to the company. Executives from the two companies have set a meeting to discuss a way to proceed with the project, Deadline says.
He also says he intends to show Pacificor that he has backers in place to make the $70 million movie and that it will deliver a big payday to the company. Executives from the two companies have set a meeting to discuss a way to proceed with the project, Deadline says.
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