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Nuke the Fridge has been on top of this story for quite sometime. News has it, up and coming Hollywood power player Megan Ellison has won the rights to the Terminator franchise. Brokered by CAA, her company Annapurna Films is rumored to have made a dramatic bid close to $20 million. Annapurna Films beat out competitor Lionsgate Films for the opportunity to make two more movies in the Terminator series.Arnold Schwarzenegger has signed on to star in the next installment, while Justin Lin (“Fast Five”) is slated to direct the former California Governor. The film is expected to hit theaters sometime in 2014. No writer has been attached to write the script at this time.

Will Arnold play an old prototype Model T-4 Terminator? His age and shape would definitely fit the mold!

Source: Deadline