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Larry Ellison's Movie-Mogul Kids May Be Working On A New 'Terminator' Movie

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Megan EllisonYou may not have heard the last of John Connor, if Larry Ellison's son and daughter have anything to say about it.

And they do.

Megan and David Ellison own the rights to the "Terminator" franchise and may be working together on a new movie, reports SFist's Jay Barmann.

Megan Ellison had won a bidding war for the the Terminator franchise back in May 2011, Deadline's Mike Flemming Jr. reported at the time. The rights included agreements with Justin Lin to direct and Arnold Schwarzenegger to star. So far, there's been no real progress on the movie but Megan just signed brother David on to be a coproducer.

They had better a get a move on, because in 2019, the Terminator series turns 35, and at that time the rights may automatically revert back to series creator James Cameron, Flemming reports.

Connor is, of course, the main hero, played by a variety of actors through the films. He leads the human Resistance forces against their cyborg overlords run by the evil Skynet. These include the hard-to-kill cyborgs known as Terminators, famously played by Arnold Schwarzenegger.

Both the Ellison kids have made names for themselves as Hollywood producers. According to the New York Times, Megan "got access to much larger sums from her father" last year, while David raised $350 million and borrowed more for his own production company.

But this is Megan's year to shine.

She was a major source of funding for two of this year's Oscar contenders, "The Master" and "Zero Dark Thirty," via her movie production company Annapurna Productions, earning her the nickname "The Indie Saver," 

She's also reportedly cooking up a movie about WikiLeaks, too.

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