EXCLUSIVE: Skydance Productions and Annapurna Pictures have set Laeta Kalogridis and Patrick Lussier to script the next installment of The Terminator franchise.

Her credits include Avatar, Shutter Island and Alexander, produced White House Down. Lussier scripted Wes Craven’s Dracula and directed My Bloody Valentine. Skydance’s David Ellison recently hired the scribes to write an original scifi adventure film, with an idea initiated by Skydance. Megan Ellison paid a fortune for the rights several years ago, and recently teamed with brother David, whose company finds big ticket action films like Terminator to be in its wheelhouse. David, who just produced Jack Reacher, had the relationship with the scribes, though interestingly Kalogridis also is tight with Terminator creator James Cameron. Megan Ellison is in the thick of the Oscar race with Zero Dark Thirty and The Master.