Paramount has announced it will not only reboot the popular sci-fi franchise with a new movie scheduled to hit theaters on June 26, 2015, but the studio also revealed it’s making a whole new stand-alone trilogy! After several years of legal wrangling to iron out the rights, Paramount confirmed its joining forces with Megan Ellison’s Annapurna Pictures and brother David Ellison’s Skydance Productions to make the pictures. The siblings, of course, are the sons of billionaire Oracle CEO Larry Ellison, who’ve been making a big mark in Hollywood helping to finance a slew of blockbusters and critically acclaimed films. Skydance was a producer most recently on World War Zand Mission: Impossible—Ghost Protocol while Annapurna financed Zero Dark Thirty and The Master. The latter won the rights to James Cameron’s epic apocalyptic series pitting humans against nasty robot killing machines at an auction two years ago and initially attached Fast and Furious 6 helmer Justin Lin to direct, with Arnold Schwarzenegger reprising his role as the T-800. However, the 65-year-old actor shortly thereafter put his participation on hold after revelations surfaced that he had fathered a child out of wedlock. The studio could not confirm whether Schwarzenegger will star in Terminator 5, but it’s more than likely he’ll appear considering he’s professed interest in reprising the role that made him a star.
