I wasn’t sure if there was even going to be another one, since Genesys was both a critical and financial bomb, but Arnold himself has announced that a new Terminator is on the way, and James Cameron is involved. Unfortunately, he will only be producing and not directing, as he is currently busy making a zillion Avatar films, but the movie will supposedly contain his narrative input. I just like to pretend nothing after T2 actually happened.
Arnold Schwarzenegger has said that he will be returning to the Terminator franchise and that a planned Twins sequel is set to go ahead soon. Speaking to Screen in Cannes, where he is talking up new environmentally-focused documentary Wonders Of The Sea 3D with producer Francois Mantello and co-directors Jean-Michel Cousteau and Jean-Jacques Mantello, Schwarzenegger confirmed that he will star in a new Terminator film produced by James Cameron. “It is back,” commented Schwarzenegger, who revealed that he had met Cameron recently and discussed the project. “It is moving forward. He [Cameron] has some good ideas of how to continue with the franchise,” the actor added, “I will be in the movie.”
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Source: [H]ardOCP – Schwarzenegger Will Reteam with James Cameron for Next Terminator