Halcyon Co. executives Derek Anderson and Victor Kubicek are developing a fifth installment of the "Terminator" franchise with Terminator Salvation director McG, reports Variety.
The trade says the news came out of the Dubai International Film Festival. McG was in Dubai for the announcement.
No decision has been made as to where to film the next "Terminator," although the Middle East was mentioned as a locale.
Christian Bale has signed on in the role of John Connor for all three films in the newly planned trilogy. The next installment, after Terminator Salvation, is tentatively scheduled for a 2011 release.
Anderson and Kubicek had originally planned to wait until the release of Terminator Salvation next summer before deciding on whether to proceed with the next chapter, but the positive studio, fan and media reaction to footage from the current film has encouraged them to move forward ahead of schedule.
"We feel the time is now to start shaping the next part of this," Kubicek said.
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