BUSINESS
May 26, 2009 | Claudia Eller and Ben Fritz
Derek Anderson and Victor Kubicek were having lunch at the Italian cafe Il Piccolino in West Hollywood in the fall of 2006 when they were served up an irresistible dish that wasn't on the menu. The two men were presented with the chance to buy one of the best-known franchises in American cinema, the "Terminator" series, even though their entire producing experience consisted of one low-budget comedy that never made it into theaters.
BUSINESS
August 20, 2009 | Ben Fritz
Three companies belonging to Derek Anderson and Victor Kubicek, owners of the "Terminator" franchise rights and producers of May's "Terminator Salvation," filed for Chapter 11 reorganization in U.S. Bankruptcy Court in Los Angeles Monday, the same day that the two producers sued their primary investor and one of its former employees. Although "Terminator Salvation" has sold a healthy $370 million worth of tickets around the world and has yet to be released on DVD, Anderson and Kubicek didn't make a payment demanded by Santa Barbara hedge fund Pacificor, which financed their $30-million purchase of the "Terminator" rights in 2007 and made two subsequent loans to their Halcyon Co. production firm worth $9 million.
NEWS
December 3, 2010 | By Brady MacDonald, Los Angeles Times Staff Writer
After only two summers, Six Flags Magic Mountain will dump the Terminator name from its newest wooden roller coaster as part of a company-wide cost-cutting initiative. The ride will be renamed Apocalypse beginning Jan. 8, officials said. The debranding will remove the animated Terminator robots from the queue and force Magic Mountain to reshoot the post-apocalyptic backstory video featuring two stars from " Terminator: Salvation ," the critically panned fourth installment of the science-fiction film franchise.