Schwarzenegger To Return In Pacificor's 'Terminator 5'

Apr 27 2011 | 12:27pm ET

Pacificor has secured some serious star power for its first-ever movie. Arnold Schwarzenegger, late governor of California, has signed on to reprise the role that made him famous in the next installment of the "Terminator" franchise.

Schwarzenegger's agents are offering a package featuring the former governer, producer Robert Cort and director Justin Lin to studios. Cort and Lin were hired to oversee the fifth "Terminator" movie last year by Pacificor after the hedge fund won a controversial auction for the "Terminator" rights. It's $29.5 million bid defeated Sony Pictures and Lions Gate Entertainment at a bankruptcy auction; the hedge fund had loaned $30 million to the former owners.

Schwarzenegger has not appeared in a film since 2004, a year after he was elected governor, other than a brief cameo in last year's "The Expendables," and last played The Terminator in "Terminator 3: Rise of the Machines" in 2003. He announced that he'd be returning to Hollywood shortly after leaving office in January.


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