Bobby Glickert, who served as Lin's production assistant on Fast & Furious, pitched the premise based on his outline and will also direct.
The search is on for a screenwriter. Little is known about the plot, although it is said to be a cross between Heat and the Bourne film series.
Here's what Lin had to say about this new movie.
"Taking a step back, as a viewer, the tone and the gritty approach to the sci-fi genre taken here is something that hasn't been seen in a while."
No production schedule was given for the flick
Lin was all set to start work on Terminator 5 with Arnold Schwarzenegger, before the actor announced last month he is putting his acting career on hold to deal with his personal life....
Speaking of T-5 What's Playing has learned that the new story will have a big part for Schwarzenegger. It will have a twist on the original timeline, and will have a new, younger male lead.
The site also claims that Paul Walker's name keeps coming up during discussions--playing Kyle Reese.
Producer Megan Ellison (and daughter of multi-billionaire Larry Ellison) is pushing to still get the picture going ASAP and just like J.J. Abrams’ “Star Trek” reboot, many of the original characters will return but not necessarily the original cast
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