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The Terminator 5: Arnold Schwarzenegger Goes From Governor To Comic Book To Robot Killing Machine
Move over animated comic series, Arnold Schwarzenegger is baaaack "attached to star in a rights package that CAA is shopping today that will revive The Terminator, one of Hollywood's most iconic scifi franchises," reports Deadline. Arnie's package will be humping to studios today with Universal, Sony, Lionsgate, and CBS Films reportedly "looking hard" at what's on the table. Fast Five's Justin Lin is likely to direct and producer Robert Cort is attached. No screenwriter has yet been inked to the deal.
This is the first real activity on The Terminator project since February 2010, when the property emerged from a bankruptcy auction and into the possession of Pacificor. The Santa Barbara-based hedge fund posted a bid of $29.5 million, with the promise that additional multimillion-dollar payments for each film would go to Halcyon, the company that made the 2009 McG-directed Terminator Salvation.
James Cameron assigned the rights to Hemdale in 1983 and according to copyright law, he should get the North American rights back in 2018 (35 years). Any financier that makes Terminator films until that time "owns them free and clear," notes Deadilne. The rumored price tag for the project is "at least $25 million upfront, against a purchase price near $36 million, not including paydays for Schwarzenegger or Lin," reports Deadline.
SKYNET became self-aware last week and now this. Coincidence?
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But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
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