Paramount Pushes TERMINATOR Reboot to July 1, 2015

TERMINATOR's reemergence has been pushed back.

According to The Hollywood Reporter, Paramount's reboot of the hit franchise has been pushed from its original release of June 26, 2015 to July 1, 2015 - just two days ahead of Fox's INDEPENDENCE DAY 2.

The studio has also confirmed that Michael Bay's TRANSFORMERS: AGE OF EXTINCTION will hit theaters on June 27, 2014.

The first in a stand-alone trilogy, TERMINATOR will be produced by Megan Ellison of Annapurna and David Ellison of Skydance. Dana Goldberg and Paul Schwake of Skydance will serve as executive producers. Laeta Kalorgridis ("Avatar," "Shutter Island") and Patrick Lussier ("Drive Angry") are attached to write the screenplay. The film is set to hit theaters on June 26, 2015.

At this time, it's unclear as to what sort of role Arnold Schwarzenegger will have, though as previously reported, the former governor will most definitely appear.

Launched in 1984 with star Schwarzenegger as the title character, TERMINATOR spanned 3 subsequent films, which have earned over $1 billion at the worldwide box office.

David Ellison most recently executive produced, along with his partners at Paramount, "World War Z," "Star Trek Into Darkness," "G.I. Joe: Retaliation" and "Mission: Impossible - Ghost Protocol". A 5th installment of in the "Mission: Impossible" franchise is in active development, along with a 3rd film in the "G.I. Joe" franchise, among other films.

Megan Ellison most recently produced the Academy Award-nominated "Zero Dark Thirty," "The Master" and executive produced "Spring Breakers" via her Annapurna Pictures banner and has David O. Russell's "American Hustle," Spike Jonze's "Her," and Bennett Miller's "Foxcatcher" set for release later this year.