You've Been Terminated

It's sad when things go on much longer than they should. Terminator was a great movie, and Terminator 2 was a freaking awesome movie (though, admittedly an awful sequel):

But then the movies just kept getting worse and worse. At long last, Paramount has finally shelved the Terminator franchise:

"It is over for The Terminator and Arnold," the source stated. "The studio has taken the sequel off the production slate completely, meaning there is no pre-production or any plans for another sequel. The talent had been offered long-term deals, but this is not happening."

The source also stated there was a chance an independent production company could step in and pick up the project, but convincing Schwarzenegger back would be "a tough ask".