EXCLUSIVE: Things are starting to move on The Terminator franchise, but a plan by rights owner Megan Ellison and Arnold Schwarzenegger to put the first of two pictures in production for the fourth quarter of 2012 has forced director Justin Lin to drop out. But borrowing the film’s signature phrase “I’ll be back,” Lin has left the door open to a return if Ellison and Schwarzenegger will wait until he completes the sixth installment of The Fast and the Furious franchise.
The Terminator franchise has been under the radar since Ellison’s Annapurna Films spent over $20 million to buy film rights during the Cannes Film Festival, with Lin and Schwarzenegger attached. Lin wants to make the film but simply won’t be available, the same situation that prompted him to withdraw from Summit’s Highlander. Lin has been working closely with Schwarzenegger and Ellison to figure a way to end the James Cameron-hatched battle between humans and the cyborgs of Skynet. It would require some effort for Ellison to get the film underway by late next year. She hasn’t got a script and I don’t think she’s even hired a screenwriter yet. She also hasn’t set a studio partner, even though several are interested. (more…)