The future of the 'Terminator' franchise has been resolved.
Arnold Schwarzenegger
Producer David Ellison, of production company Skydance, has insisted the long-term future of the iconic sci-fi series has been secured, after a recent report claimed that a follow-up to 'Terminator Genisys' had been abandoned, and that Arnold Schwarzenegger had walked away from the brand.
But David said: "I will say we have resolved the future of the franchise and believe me it's an incredibly bright future.
"I think where it's going will be the continuation of what the fans really wanted since 'T2'."
David also suggested an official announcement will be made in the near future.
He told Collider: "We have something this year that we will be announcing for the franchise. It's something we're incredibly excited about and we think is the direction it needs to head."
Earlier this week, an insider claimed Paramount executives had decided not to make another film in the 'Terminator' series.
A source said: "It is over for 'The Terminator' and Arnold.
"The studio has taken the sequel off the production slate completely, meaning there is no pre-production or any plans for another sequel. The talent had been offered long term deals, but this is not happening."
The insider claimed that the underwhelming reaction to 2015's 'Terminator Genisys' - which also starred Emilia Clarke and Jai Courtney - was one of the key reasons behind the decision.
The source added: "The 'Genisys' movie was seen as a way of reviving (the franchise), but the critics were not happy and somehow the studio bosses fell out of love with making more, even though they made huge profits."