Arnold to Terminate Again

0 Posted by - April 26, 2011 - Art & Fashion, Film & Television

arnie 20110426230647 Arnold to Terminate Again*Taken from Deadline.

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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