Good news for Terminator fans…looks like the Terminator franchise may be moving to a new home, which means that the long-stalled Terminator 5 could finally enter production.

IGN reports that Paramount Pictures is close to signing a deal with Megan Ellison’s Annapurna Pictures and David Ellison’s Skydance Pictures (I wanted to make a Die Hard “No relation” joke here but Megan and David are brother and sister) that would bring the Cyberdyne Systems Model 101 to the studio. While there’s still a lot of time before rights would revert back to creator James Cameron in 2019 under new North American copyright laws (apparently the equation under these new guidelines for gestating properties is year of creation plus thirty-five years, or 1985 + 35 – 1 = 2019), moving the Terminator franchise to Paramount may provide the necessary impetus to move forward on the next chapter before Arnie (Schwarzenegger is attached to T5) gets too achy to do any light stunt work.

Terminator franchise
(Man, I just love that old Arnold Terminator pic. Had to include it.)

If the move happens, production on Terminator 5 could begin as early as next year once a director is secured. Justin Lin was attached at one point but dropped out to helm Fast & Furious 6, currently still racing strong at a theater near you. Perhaps Lin can still be involved in T5? Based on the success of F&F6 he would be a good candidate to breathe some fresh life into the Terminator franchise, which faltered quite a bit with the full of potential, well-intentioned and ultimately meandering and disappointing Terminator Salvation. This fan would welcome a more solid return to the Terminator franchise; time will tell if Paramount is the right place for the franchise to do so.

Source: IGN