Updated: Animated Terminator Film In Development

UPDATE: According to TOLDJA! Eric Parkinson of Hannover House has just received a cease and desist order from Pacificor the owner to the Terminator Film Franchise rights.

In response to the letter Parkinson said:

"We've arranged a meeting, we'll show them our money and if the rational brain prevails, they'll take the deal. If not, I can't do it without them. You'll have a follow-up next week that we are either holding  hands, or not doing the film. At least we now have our meeting. I hope they will can think outside the box, because if we can make a movie that delivers a $20 million to $30 million rights payment, that is an income source they didn't realize was possible. If not, it was a good idea anyway."

According to a recent press release from the bastards at Hannover House there are current plans set in place to develop a low budget animated Terminator film, and huge shocker it will be 3D. Holy shit balls does that sound stupid as fuck all on it's own, but to top it off those stupid fuckers are also minimizing violence in order to obtain a PG-13 rating. What the fucking fuck? A Terminator film animated, which by the sounds of it has nothing to do with the previous continuity, and there will be little to no violence, great!

The press release is as follows:

Hannover House, the entertainment distribution division of Target Development Group, Inc., has entered into a feature film development venture with Vancouver-based Red Bear Entertainment, for Terminator 3000, envisioned as a $70-million dollar budgeted, 3D animated feature film based on the characters and situations introduced in the original Terminator feature. Hannover House C.E.O. Eric Parkinson previously served as C.E.O. of Hemdale Home Video, Inc. and Hemdale Communications, Inc., and handled the distribution of the original Terminator feature.

Story details for Terminator 3000 are being kept under close wraps, but the writers and production team have a stated goal of minimizing violence in order to obtain a PG-13 level of material.

Hemdale produced and distributed director James Cameron's original Terminator feature, but released the sequel rights in 1990 to Carolco, which later transferred the rights to ultimately end up under the control of Halcyon Media. Santa Barbara based Pacificor, LLC prevailed in the most recent auction and transfer of rights to the franchise in January, and retains approval and licensing authority over the proposed Terminator 3000 project.

Hannover House and Red Bear Entertainment will release details of the production timing, financing and principal production personnel later this year, in advance of a proposed January, 2011 start.