'Terminator' Back With Arnold To Star: Schwarzenegger In Package Shopping Now; 'Fast Five's Justin Lin To Direct
By MIKE FLEMING | Tuesday April 26, 2011 @ 7:17pm

EXCLUSIVE: He's baaack! Arnold Schwarzenegger is 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. The agency is dropping the package on studios this afternoon. I'm told that already, Universal, Sony and Lionsgate, and CBS Films are looking hard at the package. There is no screenwriter attached at this point, and Robert Cort is producing. 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. That film starred Sam Worthington as the cyborg and Christian Bale as John Connor, and the storyline launched the battle between Skynet and the human survivors of the apocalypse, the war foreshadowed in James Cameron's visionary 1984 original film. Halcyon wanted to make several films but ran out of money. At the time of the auction, Pacificor beat out a combined bid by Lionsgate and Sony planning to make back-to-back sequels to bring the franchise to a natural creative conclusion.
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