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 Kalogridis (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, The Terminator spanned 3 subsequent films, which have earned over $1 billion at the worldwide box office. The official press release does not mention the return of Arnold Schwarzenegger, who /arnold-schwarzenegger-confirms-hell-be-back-as-the-terminator-in-terminator-5/confirmed on June 13 that he was set to reprise his lead role as The Terminator in this upcoming sequel. Why this is not mentioned in the press release is unknown. Is it possible that the action icon is no longer attached? Or is he just not signed yet?

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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.