Apr 27, 2011 03:51 PM EST

Schwarzenegger Looking to Make Another "Terminator" Film

Arnold Schwarzenegger is said to be shopping, along with his reps at CAA, are said to be shopping around to get another "Terminator" sequel made.

According to 24 Frames, the film will be directed by "Fast Five" director Justin Lin, and produced by Robert Cort.

The film, if it comes to fruition, will be put on Schwarzenegger's schedule after the upcoming action films, "The Last Stand" and "The Tomb".

The rights to the "Terminator" franchise are currently owned by hedge fund Pacificor. The rights will revert back to James Cameron in 2018.