Chinese internet behemoth Tencent has boarded Skydance Media’s upcoming Terminator reboot as a global partner. It will co-finance the project and also handle distribution, marketing and merchandising in China. This is the first such deal for Skydance and Tencent since Tencent Pictures took a sizable minority stake in David Ellison’s company.
Tim Miller is directing the next installment of the Terminator franchise which was resurrected by Ellison in concert with James Cameron and is due for release in 2019. David Goyer is writing the script.
Chinese audiences are fans of the franchise and welcomed 2015’s Terminator: Genisys more eagerly than the rest of the world with the movie crossing $113M there to well outperform domestic. Cameron is also a brand unto himself in the Middle Kingdom.
The upcoming Terminator movie will be a direct sequel to Cameron’s Terminator 2: Judgment Day. Both Arnold Schwarzenegger and Linda Hamilton are reprising their iconic roles as The Terminator and Sarah Connor from the first two movies. The new story will introduce the next generation of characters played by Mackenzie Davis, Natalia Reyes, Diego Boneta and Gabriel Luna.
Paramount Pictures and 20th Century Fox are also co-financing the film which is scheduled for U.S. release the Friday before Thanksgiving on November 22, 2019. The movie will be distributed domestically by Paramount and internationally (excluding China) by Fox.
“We are thrilled Terminator will be our first collaboration with Tencent, and we believe that partnering this early in the process, prior to production, will allow both companies to fully maximize the opportunity,” said Jesse Sisgold, Skydance Media President & COO. “This franchise is hugely popular with Chinese audiences and will greatly benefit from the massive reach and valuable know-how Tencent has in marketing, distribution, games and more.”
“We are truly excited to be partnering with Skydance on the newest chapter of this iconic franchise. With Skydance’s savvy production expertise and impeccable taste in talent, along with Tencent’s tremendous marketing and distribution capabilities in China, we believe the success of Terminator will serve as a benchmark for future collaborations,” said Edward Cheng, Vice President of Tencent and CEO of Tencent Pictures.
This is Tencent’s latest strategic partnership on a global tentpole after Warcraft, Kong: Skull Island and Wonder Woman.