Ellison Siblings Finally Close Deal for Terminator Rights to New Films

It’s been a year and a half since a complicated rights deal began negotiations between Megan Ellison, founder of Annapurna Pictures and daughter of Oracle Corp. founder Larry Ellison, and Pacifcorp for the rights to the Terminator franchise. Now Deadline reports the deal has closed as Megan asked her brother David and his Skydance Productions banner to help out as a financial and creative partner. Now all Terminator films from here on out will both be under the Annapurna and Skydance names. However, the Terminator franchise has yet to find a new studio home, has no script and no longer has Fast Five director Justin Lin on board to direct, so there’s no telling how soon we might actually see a sequel. More below! Though Arnold Schwarzenegger agreed to come back as the Terminator, the real problem lied within the pricey deal for the franchise. But why? Well, the rights for …