Paramount Pictures have officially partnered with Skydance Productions and Annapurna Pictures for a reboot of The Terminator franchise. Currently titled "Terminator," the movie is said to be the first movie in a new trilogy and a release date has been announced:

"Skydance Productions, Annapurna Pictures and Paramount Pictures have jointly announced they will partner on a rebooted “TERMINATOR” movie, to be released by Paramount Pictures on June 26, 2015.

The first in a stand-alone trilogy, “TERMINATOR” will be produced by Megan Ellison of Annapurna and David Ellison of Skydance. Dana Goldberg and Paul Schwake of Skydance will serve as executive producers. Laeta Kalorgridis (“Avatar,” “Shutter Island”) and Patrick Lussier (“Drive Angry”) are attached to write the screenplay.

Launched in 1984 with star Arnold Schwarzenegger as the title character, “TERMINATOR” spanned 3 subsequent films, which have earned over $1 billion at the worldwide box office.

David Ellison most recently executive produced, along with his partners at Paramount, “World War Z,” “Star Trek Into Darkness,” “G.I. Joe: Retaliation” and “Mission: Impossible – Ghost Protocol”. A 5th installment of in the “Mission: Impossible” franchise is in active development, along with a 3rd film in the “G.I. Joe” franchise, among other films.

Megan Ellison most recently produced the Academy Award®-nominated “Zero Dark Thirty,” “The Master” and executive produced “Spring Breakers” via her Annapurna Pictures banner and has David O. Russell’s “American Hustle,” Spike Jonze’s “Her,” and Bennett Miller’s “Foxcatcher” set for release later this year."

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It has been said recently that Arnold Schwarzenegger will return for the new movie, but it wasn't mentioned in this press release, so we're assuming a deal is still being worked out. We'll update this story soon as more details become available.

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