Ellison Siblings Close Deal for New TERMINATOR Films

By AMC December 4, 2012

Arnold Schwarzenegger wasn’t lying when he uttered the immortal words, "I’ll be back". New films within the "Terminator" franchise are indeed happening now that a deal has finally closed between PacificCorp (who owned the rights) and Megan Ellison, founder of Annapurna Pictures and daughter of Oracle Corp. founder Larry Ellison.

It’s been reported that Megan Ellison has partnered with her brother David, owner of Skydance Productions, to lead the charge for this next generation of "Terminator" films. Annapurna Pictures and Skydance Productions have yet to find a new studio partner to help bring these films to fruition but Skydance is affiliated with Paramount Pictures, so that seems like a likely pairing. While the siblings currently have no script and no director tied to the project as Justin Lin ("Fast-Five") has backed out, the good news is that Arnold Schwarzenegger has agreed to come back as The Terminator.

The father of this robot franchise, James Cameron, supposedly gets the rights back in 2019 and the Ellison’s hope to make two new films before that time comes. While they certainly have their work cut out for them, both of their companies have definitely been behind some very successful and highly anticipated films to date. Annapurna produced Paul Thomas Anderson’s "The Master" and Kathryn Bigelow’s upcoming "Zero Dark Thirty". Skydance has produced "Mission Impossible: Ghost Protocol", "Jack Reacher" and J.J Abrams' sequel "Star Trek Into Darkness".

We can expect many more updates on this front and we’ll be sure to keep you posted as the story develops.

Source: FirstShowing

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