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Halcyon's Victor Kubicek and Derek Anderson, acquired the right to produce "Terminator" films, future merchandising and licensing ventures.
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"Terminator 4" is being scheduled for a summer 2009 release.
The new backers see "T4" as an attempt to reinvent the franchise with new cast and plotlines, with a screenplay picking up with 'John Connor', leading what's left of the human race against the machines.