"I'm very happy that the studios want me to be in 'Terminator 5' and to star as the Terminator, which we start shooting in January," British entertainment outlet Empire Online quoted Schwarzenegger as saying.
Patrick Lussier and Laeta Kalogridis are writing the fifth installment in the film franchise, the report said.
He was absent from 2009's "Terminator Salvation," however, which was shot while he was taking a break from acting to focus on politics.
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