Sunday, 25 January 2015
Last updated 2 days ago
May 20 2011 | 1:13pm ET
Hedge fund Pacificor can no longer count on Arnold Schwarzenegger's return in the title role of the Terminator in the franchise's fifth film.
The former California governor has told his agents that he won't be making his much-ballyhooed return to Hollywood anytime soon in the wake of his revelation that he had a long-time affair—and a child—with his family's former housekeeper. Schwarzenegger's wife, Kennedy heiress and former TV anchor Maria Shriver, wasted no time after getting the news in hiring a divorce lawyer.
The news comes less than a week after Pacificor, which bought the rights to the Terminator franchise last year, sold them to Annapura Pictures for a reported $20 million. Schwarzenegger had reportedly signed on to star in the next film, which is being led by producer Robert Cort and director Justin Lin.
It is unclear whether Annapura and Pacificor will move forward with plans for the fifth movie without Schwarzenegger.
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…