In the years since, we've seen three different sequels all looking to put their own spin on the franchise - with none of them actually finding any critical momentum (or success). Per the report, James Cameron is collaborating with filmmaker Tim Miller (Deadpool) on a new film.
Kkydance co-financed Terminator Genisys, and according to the trade blog, 'is bankrolling an exploratory effort that includes engaging some top-flight science fiction authors to find the movie creatively'. The previous two attempts to kickstart the franchise without Cameron were also squandered to somewhat more middling effect with 2003's Terminator 3: Rise of the Machine and 2009's Terminator Salvation.
Heck, if they're really smart, just make a Terminator: The Sarah Connor Chronicles movie. Cameron sold the rights to the original film to producer Gale Anne Hurd for $1 back in the '80s with the stipulation that he would be the film's director, but the copyright reversion will kick in 35 years after their initial sale, once again giving Cameron control of the franchise.
For now, that remains a mystery.
James Cameron is planning to return to the franchise that made him a household name. It didn't seem that Skydance or Paramount had much interest continuing the creative track of the last film, but real creative involvement by Cameron, even if he doesn't direct, changes the whole ballgame. Regardless, Deadline's sources claim that the hope is that "Miller will direct whatever they come up with", since Cameron himself is busy with those four aforementioned Avatar follow-ups.
While Terminator Genisys did particularly well overseas with a $350 million haul, the film wasn't a hit here in the United States earning only $89 million on a $155 million production budget.