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TERMINATOR: GENISYS was an attempt by Paramount at resurrecting a franchise and taking it to the promised land. This was not the case as the film was only able to pull in $89 million domestically and $440 million worldwide. This being a number falling short of the great expectations.
GENISYS was to be the beginning of a brand new trilogy, with sequels planned to come out on May 19th 2017 and June 29th 2018. With that in mind, there is currently no TERMINATOR film in production and it looks like there will not be.
The New York Daily News reports:
“It is over for ‘The Terminator' and Arnold. The studio has taken the sequel off the production slate completely, meaning there is no preproduction or any plans for another sequel. The talent had been offered long term deals, but this is not happening.
The Genisys movie was seen as a way of reviving (the franchise), but the critics were not happy and somehow the studio bosses fell out of love with making more, even though they made huge profits."
Fans of the franchise need not worry as creator James Cameron will be regaining certain rights to the title in the year 2019. This will be 35 years after the original film's release. Cameron will be very creatively involved with a fresh TERMINATOR entry. The movie will likely be co-financed by producer David Ellison's Skydance, the company that owns other rights to TERMINATOR. The hope is that DEADPOOL’s Tim Miller will direct.
We will continue to follow this story and keep you up to date as we hear it.