Things are moving forward on the Terminator front. According to Deadline True Grit producer Megan Ellison has won an auction for the rights to make at least two more Terminator movies, with Justin Lin (Fast Five) attached to direct and Arnold Schwarzenegger attached to star.
Apparently Lionsgate were on the verge of wrapping up the auction, but Ellison’s Annapurna Films came in with a higher bid which is speculated to be around $20 million.
What’s interesting is that Megan Ellison and Annapurna Films appear to be decent producers. They have crime drama The Wettest County in the World with Shia LaBeouf, Tom Hardy, Gary Oldman and Mia Wasikowska out next year, and recently wrapped Cogan’s Trade starring Brad Pitt.
No studio is currently attached to the Terminator project yet, but it will only be a matter of time. Personally I think the franchise has run its course, but if they bring good writers on-board to write the script it will boost confidence in the project. Fast Five may just be a summer popcorn flick, but it’s actually the best reviewed movie of franchise so Justin Lin may be able to make something worthwhile with a decent script.