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New TERMINATOR film, Schwarzenegger and all, heads out studio hunting

Joshua Brunsting

by:
April 26th, 2011

Arnold Schwarzenegger as the Terminator

With FAST FIVE set to take theaters by storm this Friday, director Justin Lin has found himself in the middle of what appears to be one hell of a potential purchase for one lucky studio.

Deadline is reporting that a package has been sent out to studios, which would find Lin directing a new TERMINATOR picture, which now has actor Arnold Schwarzenegger attached to star.  Universal, Sony, and Lionsgate have all allegedly proclaimed their interest in the film, which itself is in an interesting position.

For those who may not remember, the rights to the franchise are in the hands of hedge fund company Pacificor, with some of the North American rights also in the hands of Hemdale, which they obtained from James Cameron.  These rights will expire and be placed back with Cameron in 2018, so to say that this franchise is have a few rights issues, is putting it really lightly.

However, it looks like studios are biting for this project, and really, who wouldn’t.  Say what you will about Lin as a filmmaker, this is a franchise that could use a bit of a new vision, particularly one that’s different than McG’s rather deplorable eye, which resulted in TERMINATOR SALVATION, an equally deplorable film.  This isn’t a cut and dry situation, but for the studio who takes this on, they may be pleasantly surprised.

 

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