I Know Now Why You Shrug: The ‘Terminator Genisys’ Sequel Has Been Seemingly Cancelled And just like that, the Terminator franchise may be finally, officially dead. For now. Following poor box office, turgid reviews, and an audience response that amounted to little more than a shrug, Paramount has pulled the planned sequel to Terminator Genisys off its calendar. In its place is the upcoming Baywatch movie, which should allow you fully appreciate just how little faith the studio has in this once-mighty franchise. There is only one possible direction for this series to go next: a full-on remake in 2030 or so.