Josh Rottenberg
May 13, 2011 AT 04:00 AM EDT

Now that the newly separated Governator is back in the acting game, Arnold Schwarzenegger is looking to revive the Terminator franchise. To help him in that effort, he’s made fast friends with Fast Five director Justin Lin. Hot off the street-racing film’s record-setting April opening, Lin has a concept in mind for a fifth Terminator movie, one that harks back to the tone and timeline of the first two films. ”Part of the challenge of taking on that franchise is looking at the DNA, respecting the themes, and trying to create a journey that’s worthy,” says Lin. ”I have a take I’m excited about.” He and Schwarzenegger are making the rounds in Hollywood trying to find a studio that’s just as excited. ”To execute it properly, we have to have the right partners,” Lin says. With no script written yet, Lin is reluctant to disclose further details, but he did terminate the rumor that Fast Five star Vin Diesel is in talks to join the sci-fi franchise: ”That’s totally false. I’ve never talked to Vin about The Terminator.” Sigh. Hasta la vista, awesome crossover.

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