According to Daily Variety, a fourth installment in the Terminator film saga will begin production in 2005. A script has been drafted by Terminator 3: Rise of the Machines writers John Brancato and Michael Ferris, and T3 director Jonathan Mostow. is expected to return to the helm. California Governor Arnold Schwarzenegger, who took a $30 million payday for the last film, will likely be courted to make an appearance and pass the torch on to a new Terminator model.
It is not known whether T3 co-stars Nick Stahl or Claire Danes will be back for T4, which will again be produced by C2 partners Mario Kassar and Andy Vajna.
With a price tag of $175 million, Terminator 3 fell short of breaking even at the domestic box office but did manage to pull in $433 million worldwide, which is incentive enough for Warner Bros. to pick up another sequel. Talks are underway between the studio and T4’s financier, Intermedia.