Just because Sony and Lionsgate lost out on their bids for the Terminator franchise to a shady hedge fund doesn't mean they won't be able to have their foot in the future of the robots.

Apparently, both companies have been offered a shot at producing the next installment in the series. Whether or not this happens is up to both companies at this point. Both companies had previosuly announced that they intended to reboot the franchise in the face of the box office failure of "Terminator: Salvation".

So what does this mean for the franchise? Could we end up with a reboot after all? Or will the hedge fund force Sony or Lionsgate to make a sequel in the current timeline? At this point, it's a game of wait and see. There is still the possibility that both companies will pass entirely on the franchise, leaving the hedgefund with an intellectual property that no one wants. Stay tuned as more develops!