Deadline is exclusively reporting that James Cameron, director behind the first two instalments and regains certain rights to the franchise in 2019, is godfathering a new iteration of the film and is in early talks with Deadpool director Tim Miller to direct a reboot and conclusion to The Terminator franchise.
David Ellison, whose Skydance co-financed 2015’s Terminator Genisys, is bankrolling an exploratory effort that includes engaging some top-flight science fiction authors to find the movie creatives. Ellison still holds many of the Terminator rights after his 2013 acquisition from sister and Annapurna principal Megan Ellison, who bought them back in 2011 at Cannes for $20m.
James Cameron developed and released The Terminator film back in 1984, which has gone down as a sci-fi classic, which launched Arnold Schwarzenegger into superstardom. Cameron then would write and direct followup Terminator 2: Judgement Day which became a blockbuster hit in 1991, which is one of those films that is argued that it is a sequel that is better than the original (personally I don’t but I enjoy both films very much). For a long time James Cameron had been silent on The Terminator franchise as when he mentioned to producers Mario Kassar and Andy Vajna that his planned to buy the rights back for the franchise from Carolco bankruptcy, they beat him to the punch. Believing he would still participate in the franchise, Cameron walked away and wasn’t involved in the following three films or The Sarah Connor Chronicles television series. The rights ended up with Pacificor, who paid $29.5m, which Megan Ellison then bought from after the company floundered.
It wasn’t until the release of Terminator Genisys that Cameron finally had something to say about the franchise, being generous in his assessment of the film, saying that the film’s director Alan Taylor had reinvigorated the franchise. Most of the viewing audience didn’t see it that way however with their assessment of the film, though it still had $440m worldwide.
This news comes as somewhat of a surprise and by reading what it states in the report, it feels like they’re bringing in Cameron to help develop a satisfying conclusion for Arnold Schwarzenegger’s take on the character. Whether they will ditch everything that came after Judgement Day and use this new instalment as a conclusion to Cameron’s first two films remains to be seen. As for Cameron being in early talks with Deadpool’s Tim Miller, I can’t think of a negative reason to not have him direct. We’ve reached a point now where I just need the story to be good more so than care about who is directing.