James Cameron is set to oversee the next 'Terminator' movie.

The 62-year-old filmmaker created the franchise with Gale Anne Hurd and was at the helm for the 1984 movie and sequel 'Terminator 2: Judgement Day', but not involved in 2003's 'Terminator 3: Rise of the Machines', 2009's 'Terminator Salvation' or 2015's 'Terminator Genisys', all of which did not do as well as the first installments.

However, the rights to the saga revert to him in 2019, but before that happens, 'Deadpool' director Tim Miller is said to be in talks with Cameron about advising on another film.

According to Deadline, 'Terminator Genisys' financier David Ellison is backing the new film and respected sci-fi authors are to be brought in to come up with plot ideas.

Cameron is currently busy directing multiple 'Avatar' sequels, but has also been offering consultation and guidance on other projects, such as Robert Rodriguez's 'Alita: Battle Angel'.

While the most recent installment in the series was a critical flop, Cameron previously praised it and claimed it would ''reinvigorate'' the entire franchise, while also taking a swipe at 'Rise of the Machines' and 'Terminator Salvation'.

He said at the time: It's very respectful of the first two films and then all of a sudden it just swerves.

''I feel like the franchise has been reinvigorated. This is a renaissance.''

''I think of the new film as the third film''

And he also praised Emilia Clarke for her portrayal of Sarah Connor.

He said: ''For women, I think she represents a kind of empowerment, yet there's a vulnerability there.''