Terminator 5 at MGM?

Variety is reporting that the rights for the fifth film in the "Terminator" franchise may switch from Warner Brothers to MGM.

"MGM has a 30-day right of first refusal to finance and distribute the fifth 'Terminator' film, a right earned through the settlement of a lawsuit between the studio and Halcyon partners Victor Kubicek and Derek Anderson. According to sources, MGM has every intention of making a serious play for the franchise, potentially trumping Warner Bros., which is distributing "Terminator Salvation" in domestic territories, and Sony, which is releasing the film overseas.

The distribution drama promises to be a real cliffhanger that will begin once Halcyon delivers its demands to MGM along with a first draft of the screenplay for the fifth 'Terminator.'

The studio's position was acquired in the bankruptcy of Orion, which distributed the first 'Terminator' film, and the settlement of a lawsuit waged against MGM by Halcyon principals Kubicek and Anderson, who charged the studio with trying to block its 'Terminator Salvation' deal with WB and Sony. MGM ultimately had a shot at 'Terminator Salvation' but passed."

MGM has only a few new movies coming out including "The Hobbit" films, but the main question is would MGM be able to afford it since "Salvation" right now is in a partnership (WB and Sony).
More news to come! Catch ya' later!