Terminator Licensing Woes
01-29-11
Back in 1986 I was expanding my company’s product line at the advice I received from buyers of games attending the American Toy Fair in New York. We only had the Original Bruce Lee Martial Arts Game at the time and the facts were made clear. It costs almost the same amount of money to activate a Buyers Account for a one game company as it does for a company with many products. Therefore, they prefer to purchase from companies with a product line.
So all that year, my friends and I worked on designing new games for the company. That is how Night of the Ninja – a Reality Role Playing System came into being, as well as my Terminator board game.
I loved the original James Cameron Terminator film and immediately after seeing it I started work on a board game. It took several months, but an interesting game was created so I contacted the company Hemdale, who controlled the rights at the time. I was told it was a bad time to try and license the Terminator brand. It seemed that Mr. and Mrs. Cameron were in the midst of a divorce and the rights to the proprietary property were in dispute (Gale Anne Hurd was producer of Terminator and claimed co-creation of it as well).
While at the Chicago Hobby Industries of America trade convention, I saw a Japanese model company with a 12 inch Terminator robot model. After a long conversation about how they got the legal right to manufacture a product based on the powerful Terminator brand, I bought one. They had negotiated their deal prior to the legal complications between Mr. Cameron and Ms. Hurd.
Not being so lucky, I ended up with a fantastic Future Robot versus humans board game but very risky to manufacture and market without the Arnold Schwarzenegger robotic look and story. A generic version would require a huge marketing budget to get the world to know it existed. Whereas, a product with the Terminator brand on it would receive instant recognition.
After waiting years for the legal dispute to be settled, I once again contacted the licensing rep but since the entire project rights had been sold to a new company, the licensing costs had skyrocketed.
I waited again for years and now the Terminator rights are again in question since “Salvation” and Sony watched three companies owned by Anderson and Kubicek who own the Terminator rights filed for bankruptcy, triggered by a disputed debt owed to Pacificor, LLC, a Santa Barbara hedge fund that loaned them money to make the purchase, along with working capital.
Until this mess is over, I won’t be attempting to license the famous Terminator rights. Mind you, if the rights do become available, maybe you could buy them and cut me a sweet deal (lol). My board game captures the flavor and story perfectly *(so if there are any major game companies out there give me a call because maybe you are able to afford it).
The key is to keep pursuing your projects and if one iron in the fire grows cold, grab another and get it red hot. Sooner or later the Terminator iron may get hot again, but they sure better make the franchise generate a lot more buzz and money or it may not be worth as much as they are presently asking to charge licensees.
Sandford Tuey
admin@Playdigm.com
Persistence is Omnipotent!