Okay, Jack, once again, but this time in the thread where you want me to put it in...
As WB indicated in last night's chat, a "Blade Runner" SE is on hold because of legal holdups.
I don't know if I've covered this in depth in an earlier thread, but let's sort out all of this again...
BR was originally a Warner Bros. release with the Ladd Company, but Embassy Pictures (owned at the time of the original release by Norman Lear, whose production partner Bud Yorkin owned partial screen rights to BR) had a minority stake in the film. Embassy originally released BR on video (the international theatrical cut, which to me is still superior to any existing version, was released to VHS and sublicensed to The Criterion Collection for several LaserDisc releases, while the theatrical version [albeit in pan-and-scan] was released under Embassy's own label on LD due to the format's time limitations).
The Embassy company changed hands numerous times--its television division later sold to Coca-Cola (later Sony Pictures Entertainment) and became ELP Communications, which is why when you first saw BR on television it opened with either the Embassy or Columbia Pictures Television logos. The theatrical and home video divisions became Nelson Entertainment (which released later editions of BR). Ultimately the home video rights to the Embassy library would fall under New Line Home Video (the last company to release the European cut of BR on VHS) and Columbia/Sony retained the television rights, while the theatrical rights went from company to company (DeLaurentis Entertainment Group, ParaFrance Communication S.A., PolyGram Pictures) before Studio Canal became the current theatrical and home video rights holders.
Warner would buy back the rights to BR, if only for the 1994 "director's cut" re-release. They also acquired the home video rights, but again only for the "director's cut" (which remains the only version available on video and DVD). While the original theatrical releases remain currently unavailable on video, Warner was allowed to make the U.S. theatrical and "director's cut" versions available for television (they currently lease BR for broadcast on cable's Sci-Fi Channel).
Now correct me if I'm wrong, but I'm only going by conjecture here. The legal hassles right now might be between WB and Studio Canal, current rights holder of the Embassy library. It might be that Studio Canal holds the rights to the original theatrical cuts of BR. If WB does lose all video rights to BR and all rights go to Studio Canal, that would mean we could see Anchor Bay Entertainment (which has also released Embassy titles such as "Mad Monster Party" and "The Daydreamer") release a new video/DVD edition of BR.
With a limited track record of Special Editions (with the exception of "Halloween", "Supergirl", and their endless series of "The Evil Dead" special editions) Anchor Bay would probably do a better job with BR on the mold of MGM's forthcoming new "Dances With Wolves" DVD, even better, by providing no more than 5 versions of BR. Disc One, Side One could contain the new and "final" director's cut Ridley Scott is reportedly preparing, the other side of Disc One could have a seamless branching presentation of the U.S. & European theatrical cuts and the 1994 "director's cut", while Disc Two, side one could contain the workprint version few people have seen, and side two could have the supplements...considering Anchor Bay is an independent company.
So I think the real battle here is between WB and Studio Canal over the rights to BR. If anyone can tell me different, I'm welcome to opinions.