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‘Fast’ Schedule Forces Justin Lin To Exit ‘Terminator’, But He Might Be Back. Justin Lin Talks about THE TERMINATOR and bringing back Sarah Connor. Justin Lin is in the process of trying to get a new Terminator film off the ground with producer Megan Ellison who is financing the film, and a ton of other great films for that matter. I have a feeling she's going to be a driving force in Hollywood. Lin recently sat down with MovieHole to talk about his upcoming films, and in the process he gave a rundown of where the new Terminator film project stands, and also once again talks about bring Sarah Connor back into the franchise. ...it’s gone through a change in ownership and I have a very clear idea because I’m a huge… There’s huge part of my life when I was a kid, I love that franchise and I have a very clear idea of what… If they’re going to do another one what that would be.

And also, I think the other element that’s necessary is to really find the right group of people to execute that.So again, I have my criteria set and if it’s not right, I shouldn’t make it. Yeah. As for Sarah Connor's return he says, TERMINATOR Reboot Rumors: STAR TREK-Style Reboot? Paul Walker as Kyle Reese? Arnold Schwarzenegger put his acting career on hold when it was discovered he had a in-no-way-surprising secret love child with his housekeeper.

That threw a wrench into Justin Lin’s Terminator 5 but producer Megan Ellison, who now holds the rights to the franchise, isn’t going to sit around waiting until the public moves on to the next scandal and forgets that Schwarzenegger is no hero. With that in mind, What’s Playing has some interesting rumors to report on the film. First up, the new film may bring back original characters Kyle Reese and Sarah Connor but it may do so in a Star Trek-style alternate timeline fashion where new actors could play the roles and take them in a new direction. Since the franchise has always included some element of time travel, a fractured timeline wouldn’t be a crazy idea (especially since they already used that premise to spin off the short-lived The Sarah Connor Chronicles). Megan Ellison Beats Out Lionsgate for TERMINATOR Rights. Lionsgate has missed out on the rights to The Terminator franchise again.

After losing the bidding war to Pacificor back in February 2010, the rights went back up for sale at Cannes and Lionsgate once again tried to grab the franchise. But on Wednesday we learned that Megan Ellison, whose Annapurna Pictures had taken to backing prestige directors like Paul Thomas Anderson and Kathryn Bigelow, unexpectedly threw her hat into the ring. Now Deadline is reporting that Ellison has won the bidding war and it’s a surprising film to add to her indie-dominated portfolio. Hit the jump for more on Ellison’s other projects and my thoughts on her Terminator acquisition. Keep in mind that she’s got a couple of the hottest projects going with Bigelow and Mark Boal’s film about the hunt for Osama Bin Laden as well as John Hillcoat’s The Wettest County in the World starring Shia LaBeouf, Tom Hardy, and Mia Wasikowska. So where does Terminator fit into Ellison’s plan? Megan Ellison Enters Bidding War with Lionsgate for TERMINATOR Rights. Producer Megan Ellison and her Annapurna Pictures have entered a bidding war with Lionsgate over the rights to the Terminator franchise.

As you may recall, Ellison previously has set her production company to backing smaller films with acclaimed directors like Paul Thomas Anderson’s untitled religious drama and Inherent Vice, and Kathryn Bigelow’s hunt for Osama Bin Laden film. It looked like Lionsgate was going to win the rights with a bid yesterday, but Deadline reports that Ellison has submitted a higher amount even though she doesn’t have a distributor locked in (although it’s probably not too difficult to find a studio willing to distribute a Terminator film).

Hit the jump for more on this potential deal. Lionsgate has been attempting to get the rights to Terminator for years. Back in February 2010, hedge-fund Pacificor beat out a combined bid from Lionsgate and Sony after previous rights-holder Halcyon went bankrupt. Original Terminator Cast Coming Back, Unless Arnold Too Busy Crying Macho Instead. Arnold Schwarzenegger Returning to TERMINATOR Franchise; Justin Lin to Direct. Yep, he’s back. After announcing he was looking for new projects following his tenure as Governor of California, Arnold Schwarzenegger is set to return to The Terminator franchise in a new film. Long rumored to be attached to a new Terminator film, Justin Lin (Fast Five) is indeed directing.

Deadline reports that the two are shopping a rights package around town in order to set the new flick up at a studio. Schwarzenegger has been attached to a number of projects in the past few months, and it was looking like was close to choosing Kim Ji-Woon’s The Last Stand as his comeback project. There’s no word on how soon the new Terminator film would go into production, but one would assume the studio that grabs the project will want to get going as quickly as possible. After McG’s Terminator: Salvation reboot, the rights to the franchise were in a bit of trouble. Nevertheless, this is about an imminent Terminator flick.