He's BACK! Arnold Schwarzenegger to star in new Terminator film

Now that he's through with politics and looking to get back into movies, Arnold Schwarzenegger appears to be on the brink of returning to his most famous role.

According to Deadline, a proposal for a new Terminator film, featuring Schwarzenegger in the iconic role that made him a superstar, was circulated to all the major studios in Hollywood on Tuesday afternoon. Although there is no script or even screenwriter involved yet—because, after all, who cares whether there's a story or not?—director Justin Lin is attached to get behind the camera after he finishes enjoying the coming box-office success of Fast Five.

The Terminator franchise more or less sputtered to a halt in 2009 with both the cancellation of the TV series Terminator: The Sarah Connor Chronicles and the less-than-blockbuster performance of the fourth film in the saga, Terminator Salvation. Meanwhile, the production company behind that film, which owned the rights to the franchise, went into bankruptcy. The Terminator rights were then auctioned off last year to a hedge fund, which has been trying ever since to land a new deal.

At the same time, Schwarzenegger has been eyeing several projects as vehicles for his potential big-screen comeback after serving as governor of California. But nothing on his radar could probably generate the buzz and publicity of Arnie putting on the leather jacket and shades again to kick some Skynet butt.

Justin Lin told Collider he'd love to dust off Terminator and work with the former Governator, saying, "Terminator was one of my favorite films growing up. And I feel I have a take that I would love to see, and I've talked with Arnold and we've talked and we'll see."

By the way, how much will the Terminator rights cost, whichever studio picks up the project? An ice-cold $36 million. And that's BEFORE the movie even gets made.

Does the thought of Schwarzenegger coming back to his signature role get you excited? Can he resuscitate the Terminator franchise?

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