Categories: Horror Movie News

Terminator: Genesis loses financial backer; what does this mean for the reboot?

We've been keeping a close eye on the upcoming TERMINATOR reboot, which has been tentatively titled TERMINATOR: GENESIS, most recently bringing you the news that "Game of Thrones" star Emilia Clarke had signed on for the coveted role of Sarah Connor, set to appear alongside Jason Clarke and original Terminator himself Arnold Schwarzenegger. Now Deadline is reporting that the reboot has seemingly lost one of its financiers in Megan Ellison and her Annapurna Pictures, which started the process on reviving the Terminator franchise. So what does this mean for the film?

Don't worry, fans…the film is still going to happen. Deadline reports that TERMINATOR: GENESIS will still be funded by David Ellison’s (Megan’s brother) Skydance Productions and distributor Paramount Picture with Skydance putting up two-thirds of the film’s budget with Paramount making up the rest.

The departure of Annapurna Pictures from the project comes as a surprise seeing as the company fought for the rights to the franchise in 2011, beating out Lionsgate. However, the reason for the company dropping out seems to be down to the film being at odds with its usual output, which has recently included THE MASTER, HER and AMERICAN HUSTLE.

Megan Ellison says…

“We love this project and the direction it is going in, but for now Annapurna’s primary focus is to produce independent films”.

TERMINATOR: GENESIS is being directed by Alan Taylor (THOR: THE DARK WORLD), and Emilia Clarke and Jason Clarke have signed up to play Sarah and John Connor. Arnold Schwarzenegger will also be returning as the Terminator.

The film is slated to be released on 26 June 2015.

Emilia Clarke

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Kevin Woods