Thursday, 29 January 2015
Last updated 4 hours ago
Apr 27 2011 | 12:27pm ET
Pacificor has secured some serious star power for its first-ever movie. Arnold Schwarzenegger, late governor of California, has signed on to reprise the role that made him famous in the next installment of the "Terminator" franchise.
Schwarzenegger's agents are offering a package featuring the former governer, producer Robert Cort and director Justin Lin to studios. Cort and Lin were hired to oversee the fifth "Terminator" movie last year by Pacificor after the hedge fund won a controversial auction for the "Terminator" rights. It's $29.5 million bid defeated Sony Pictures and Lions Gate Entertainment at a bankruptcy auction; the hedge fund had loaned $30 million to the former owners.
Schwarzenegger has not appeared in a film since 2004, a year after he was elected governor, other than a brief cameo in last year's "The Expendables," and last played The Terminator in "Terminator 3: Rise of the Machines" in 2003. He announced that he'd be returning to Hollywood shortly after leaving office in January.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…