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What is it about the Terminator series that means no one seems able to hold on to the rights (or want to hold on to the rights) for more than a few years? After having changed hands several times already, the rights are now all set to move again, with an auction taking place for them this time.

We’ve so far had four Terminator films, the last being Terminator Salvation earlier this year, and a TV show. The rights currently belong to the Halcyon Holding Group, but with that company facing bankruptcy it’s now a race to see who will take the series on.

In September it was reported that the rights could be up for grabs, with several movie studios and film companies being sounded out as to whether they’d be interested. They clearly weren’t, as Variety now reports the rights are up for auction.

The auction process, which covers the whole gamut of Terminator assets, including the rights to future Terminator movie, TV series, DVDs, and merchandise, is expected to be concluded by Feb. 1, 2010, with the highest bidder proving victorious. The price formerly being quoted was $60 million.

I personally feel the Terminator franchise still has some life left in it. The first two films are classics, the third was average, and the fourth was a good attempt at rebooting the series, and opens up the possibility of further sequels in the future.

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