Fifth “Terminator” Movie In the Works

Halcyon Co. heads Derek Anderson and Victor Kubicek have confirmed they are developing a fifth installment in the Terminator franchise.

McG, who directed the upcoming fourth film, “Terminator Salvation,” is working with the Halcyon Co. on the latest project.

Announcement was among the news that came out of the Dubai International Film Festival, which bowed December, 11 and runs through Thursday. No decision has been made as to where to film the next Terminator, although the Middle East was mentioned as a locale. When Anderson and Kubicek acquired the rights the lucrative Terminator franchise last year from previous owners C2, the former ad exec and banker envisaged the re-booted series as a trilogy. Christian Bale has signed on in the role of John Connor for all three roles. Newest movie is tentatively scheduled for a 2011 release.