At one point in time, Terminator Genisys was shaping up to be one of the most highly-anticipated movies of 2015, but it never took off the way Paramount had hoped when it debuted in theaters this summer. The sci-fi action sequel opened over the 4th of July weekend in third place, behind holdovers Inside Out and Jurassic World. The film earned only $89.7 million at the domestic box office. But back in August, Terminator Genisys opened big in China, keeping hopes for a sequel alive. Earlier today, The Hollywood Reporter revealed that, despite a solid showing in international territories, the previously-planned sequels are now on indefinite hold.

Despite earning just $89.7 million domestically, Terminator Genisys has performed well overseas, taking in $350.4 million internationally for a global box office total of $440.1 million. However, the movie, budgeted at $150 million, will still lose money for Paramount. The sequel did manage to pull in $112 million in China alone, but that still wasn't enough, and now the two planned sequels to Terminator Genisys are dead.

Way back in September 2014, producer David Ellison's Skydance Productions announced that they had issued release dates for two Terminator sequels, with Terminator Genisys 2 set for May 19, 2017 and Terminator Genisys 3 set for June 29, 2018. Paramount and Skydance were also developing a TV series tie-in, with Zack Stentz and Ashley Miller (Thor, X-Men: First Class) writing the pilot script and executive producing. It seems unlikely this project will move forward as well.

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It's worth noting that the rights to the entire franchise will revert back to James Cameron in the year 2019, which is likely why Paramount and Skydance had set 2017 and 2018 release dates for their planned follow-ups. With that being said, James Cameron will be wrapping up his trio of Avatar by then, with Avatar 2, Avatar 3 and Avatar 4 set for release in 2017, 2018 and 2019, respectively. It's possible that he could direct another movie himself, or he could license the rights to Skydance and Paramount.

Terminator Genisys brought Arnold Schwarzenegger back to the franchise, playing Pops, an aging Terminator who serves as Sarah Connor's (Emilia Clarke) "father figure." Jai Courtney stars as Kyle Reese, who goes back in time to save Sarah, only to realize that she doesn't need saving. Jason Clarke stars as John Connor, with a supporting cast that includes J.K. Simmons, Matt Smith, Douglas Smith, Sandrine Holt, Byung-hun Lee and Courtney B. Vance. Are you disappointed that no sequels are happening? Or should this franchise be killed off once and for all?