Latino Review is reporting a recent news report from
Hollywood Insider claiming that the upcoming fifth
Terminator film (the film's development halted due to Arnie's recent scandal and wanting to focus on personal life) will actually be a reboot of the well known franchise, taking similarites to 2009's
Star Trek reboot. They also mention again that
Fast Five director Justin Lin is still attached to the project, and also talks about casting.
With the rights to the Terminator settled, producer Megan Ellison (and daughter of multi-billionaire Larry Ellison) is intent in re-launching the famed franchise.
Hollywood Insider speculated she may take the production of the reboot film similar to J.J. Abrams’ Star Trek reboot.
Director Justin Lin’s name has been attached to the project. He recently directed Fast Five.
No major studio is on board at this time. However, Hollywood Insider reported that Universal Pictures has been showing the most amount of interest in the reboot franchise.
In fact, the site suggested the Terminator franchise will be anchored by a younger male lead. The article mentioned Paul Walker’s name in the rumor circles—possibly to play Kyle Reese.
And just like J.J. Abrams’ Star Trek reboot, many of the original characters will return for the reboot film—but not necessarily the original cast.
For now, take Hollywood Insider’s report as a strong rumor for now. Ellison just won the auction last month at Cannes and she’ll definitely have big plans for the franchise.
As said already, this is just a rumor, so take it with a grain of salt. Anyways,
Terminator 5 currently has no release date.