Arnold Schwarzenegger in talks for Toxic Avenger reboot

THE-Last-Stand1Arnold Schwarzenegger is in talks to star in a big budget reboot of the 1980s cult classic, The Toxic Avenger, according to Deadline. He will play a character named, The Exterminator, a former black ops agent who trains the titular character to become a hero.

The Toxic Avenger is Melvin Ferd III, a 98lbs weakling who mutates into the crime fighter when he falls into a batch of toxic waste.

Here’s the press release:

Action superstar Arnold Schwarzenegger (TERMINATOR series, TOTAL RECALL) is in negotiations to star in writer/director Steve Pink’s (HOT TUB TIME MACHINE 1 & 2) big budget action comedy THE TOXIC AVENGER produced by Akiva Goldsman (CONSTANTINE, I AM LEGEND, MR AND MRS SMITH), Richard Saperstein (HANCOCK, 1408, SE7EN), Charlie Corwin (HALF NELSON, THE SQUID AND THE WHALE), Stephen Kessler and Michael Benaroya (LAWLESS, MARGIN CALL).

Set to be introduced to buyers at Cannes 2013, THE TOXIC AVENGER is currently in pre-production and scheduled to start principal photography this fall.

Loosely based on Lloyd Kaufman’s classic Troma franchise, THE TOXIC AVENGER is the tale of a high-school kid who gets dunked in a vat of toxic waste by a corrupt chemical company. He survives the ordeal with one major side effect: upon contact with toxic chemicals, he transforms into a monster with superhuman strength. Schwarzenegger would play “the Exterminator,” a former black ops agent, who trains Toxie to use his powers for good. Together they take on the lurking menace created by the polluters, and the polluters themselves.

Expect to hear plenty more on this project in the near future.