The rights to Terminator have been sold to Halcyon Co. The bickering fathers of the franchise, Andy Vajna and Mario Kassar, have sold the franchise which has paved the way for another sequel. Unfortunately Terminator IV will have very little in common with the first 2 films and more in common with the special effects laden lackluster 3rd film. Terminator II was an AWESOME movie and I wish James Cameron and our Governor (Arnold - I live in Calif) would return.

Lets hope and pray they surprise us ALL....
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There won't be a role for Arnold Schwarzenegger. James Cameron will not be the director.
But at least one new Terminator (the fourth) seems destined to hit screens now that its feuding fathers, Andy Vajna and Mario Kassar, have been bought out.
The cyborg saga belongs to the Halcyon Co., which has purchased all rights to the franchise from Kassar and Vajna for an undisclosed amount.
Halcyon, a privately funded company hatched recently by entrepreneurs Victor Kubicek and Derek Anderson, acquired the right to produce "Terminator" films, future merchandising and licensing ventures.
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Read the story at
Variety.