During the ShowEast Icon Award show on Tuesday evening, MGM chief operating officer Rick Sandshighlighted his studio's plans for new tentpole movies.
Sands hopes to resuscitate MGM with several big new films. He's packaging the fourth "Terminator" film -- it will be titled "Terminator blah blah, not Four," Sands joked -- with a new star likely to fill the Arnold Schwarzenegger role. "It's like the "Batman" or "Superman" franchise in that it lends itself to having different actors in the roles," he said.
Sands is in discussions with New Line Cinema to get the rights to produce two prequel films to "The Lord of the Rings" series, based on J.R.R. Tolkien's The Hobbit, he said. Other projects he mentioned include a sequel to "The Thomas Crown Affair," set to star Pierce Brosnan, and a remake of "Dirty Rotten Scoundrels", according to The Hollywood Reporter.