4 December 2012 3:30 AM, PST | WorstPreviews.com | See recent Worst Previews news »

About 18 months ago, Megan Ellison, the daughter of billionaire Oracle founder Larry Ellison, bought the rights to the "Terminator" franchise for $20 million, with plans of developing three films. While Arnold Schwarzenegger and director Justin Lin (Fast Five) were in talks to join "Terminator 5," there has been zero progress. As a result Lin dropped out. The reason for the delay is that the franchise is running out of time. New copyright laws state that "Terminator" rights will revert back to James Cameron in 2019, giving Megan only enough time to make two films. To get things moving, Megan has now brought on her brother David to help produce and fund "Terminator 5." Megan is known for such films as "The Master," "True Grit" and "Zero Dark Thirty," while David has been behind "Mission: Impossible - Ghost Protocol," "World War Z" and "Star Trek Into Darkness." The siblings are now searching for a writer. »

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