The Terminator franchise may have found a new home.
Paramount Pictures is reportedly close to a deal with Megan Ellison's Annapurna Pictures and David Ellison's Skydance Productions to distribute the long-gestating Terminator 5
, which could commence production as early as next year once a director is hired.
Laeta Kalogridis and Patrick Lussier
wrote the most recent draft of the T5 script. Arnold Schwarzenegger has been linked with the sequel for some time now.
Director Justin Lin had been attached to the project at one point before dropping out to work on Fast & Furious 6.
According to TheWrap, "Megan Ellison spent more than $20 million to acquire rights tothe Terminator series in May 2011, which comes with a ticking clock attached, as new copyright laws allow for North American rights to revert back to creator James Cameronin 2019, 35 years after the original 1984 movie."