He's back. Arnold Schwarzenegger is attached to star in a rights package that CAA is shopping today that will revive The Terminator, one of Hollywood's most iconic science fiction franchises. The agency is dropping the package on studios this afternoon. There is no screenwriter attached at this point, and Robert Cort is producing. This is the first real activity on The Terminator project since February 2010, when the property emerged from a bankruptcy auction and into the possession of Pacificor. The Santa Barbara-based hedge fund posted a bid of $29.5 million, with the promise that additional multi-million dollar payments for each film would go to Halcyon, the company that made the 2009 McG-directed Terminator Salvation. That film starred Sam Worthington as cyborg and Christian Bale as John Connor, and the storyline launched the battle between Skynet and the human survivors of the apocalypse, the war foreshadowed in James Cameron's visionary 1984 original film.
