Someone at Paramount must have remembered that they still had a sequel to Terminator Genisys on their schedule and finally pulled it.
Genisys is a truly horrible movie and turned out to be one of the biggest box office flops of 2015. It earned only $89.7 million in North America, although it bizarrely found a second life in China thanks to Arnold Schwarzenegger’s global popularity. The film went on to make $440 million worldwide, but it cost a whopping $155 million to make and more to market it.
Paramount and Skydance, which had acquired the film rights to the James Cameron-created franchise, had big plans for Terminator. In fact, 10 months before Genisys hit theaters, the studio announced two more sequels. The possibility that these movies would ever happen was called into question almost immediately and it was reported in October that the movies were put on hold indefinitely.
However, it wasn’t until this week that Deadline confirmed that Terminator 2 (as it was simply called on schedules) will not hit theaters on May 19, 2017. Instead, Paramount will release Dwayne Johnson’s Baywatch movie that day.
The rights to Terminator could revert back to Cameron, but he’s a bit busy with something called Avatar 2.