Now that he’s not in office anymore, it seems like former California Governor can’t keep still. First he announces that he’s doing a comic book/cartoon franchise based on the fictional affairs during his term as the Governator, and now he’s ready to jump on the big screen as The Terminator.

THR has the full scoop.

The star’s agency, CAA, has put together a package that it’s currently shopping to the studios that includes rights to produce a new Terminator sequel, which would be directed by Justin Lin, hot off Fast Five, which opens domestically Friday, and produced by Robert Cort. No screenwriter has come on board yet.

When the movie’s rights holder the Halcyon Group went through bankruptcy in 2010, Lionsgate and Sony joined together in an unsuccessful bid to claim the franchise for themselves. More recently, Universal has been talking to CAA about tackling the project.

The idea of both Lin and Schwarzenegger is obviously still in the preliminary stages, but with Lin’s Fast Five opening big this weekend, you can imagine that Universal, Sony, and Lionsgate all jumping on the project like a Snickers at a fat camp.

No word just yet on how this effects McG’s “reboot” of the franchise with Salvation but even McG will have to step aside when the Governator wants back at playing the metal-head.

In a time when not even adaptations of board games are off the table for most of the bigger Hollywood studios, a story like this isn’t as far fetched as it should be. McG, director of the Charlie’s Angels films and Terminator Salvation, is taking the lead on directing Ouija for Universal. From THR.

The studio’s planned film adaptation of the classic Hasbro board game about conjuring up spirits of the dead has had a tough go at finding a director but before the town shut down for the holidays, Heat Vision reported that McG presented Universal execs his vision for the project, which has a script by Tron: Legacy writers Edward Kitsis and Adam Horowitz and is being produced by Michael Bay’s Platinum Dunes.

He was vying for the gig against The Crazies director Breck Eisner, who pitched his take on the material the week before.

So not only is a multi-millionaire director taking on this project, but he was actually battling another one for this acclaimed position. Unfortunately, this one has been done. A few times, actually, since 1986’s Witchboard.

That hasn’t stopped McG from taking home the prize….of directing a film based on a supernatural board that allows people to speak with the dead. Well worth it.

Last year, Niell Blomkamp’s District 9 changed how major studios looked at small science fiction projects. Before, ideas like “aliens in a dystopian future” were mostly reserved for direct-to-video productions. But now more and more studios are investing in scripts like these, hoping to ride the Avatar or District 9 success. Enter Jim.

The story behind Jim can be considered a little complicated, to say the least, so try to stay with the official synopsis, because it takes an interesting turn in the middle.

Being steadily crushed under the weight of debt, unemployment, and increasing isolation, Jim reaches a breaking point. Over a game of solitary Russian roulette he contemplates an unspeakable act of violence as a way of leaving his mark. He is stopped short by a vision of his deceased wife who convinces him that he should instead focus his remaining resources into an act of creation. Armed with his wife’s frozen eggs and a new resolve, Jim secures the services of a large biotech firm to help him create an heir who will be engineered to overcome the obstacles of common men.

Meanwhile in the distant future Niskaa, the leader of a group of genetically modified beings, controls a race of worker clones in a super-industrialized, post-human Earth. As he tries to restore his decrepit empire he comes face to face with a young clone that shows an unprecedented capacity for reason and empathy. Somehow connected to Jim via dreams, the clone manifests secrets of Nature that Niskaa has not accounted for…

The film comes from first-time writer/director Jeremy Morris-Burke, and looks like it could just be a new era for independent science fiction films. Check out the first trailer after the jump. Catch Jim in NY and LA theaters on October 8th and 16th.

TNT, the network known for its legal/detective dramas (including endless reruns of Law & Order), is now venturing into Sci-Fi with Steven Spielberg and Dreamworks on a series that will star Noah Wyle and Moon Bloodgood. The series, despite not yet having a name, has a pilot directed by Carl Franklin (Devil in A Blue Dress, Out of Time) — who is also working with Spielberg on episodes of the forthcoming WWII television mini-series The Pacific — and a story written by Saving Private Ryan scribe Robert Rodat.

Noah Wyle, who has become quite familiar with TNT through his numerous The Librarian TV Movies, will star as a professor that winds up in the rebellion against the alien invaders. Bloodgood, who really seems to have a taste for the genre with her past roles Terminator: Salvation and the “canceled too-soon” series Journey Man, will play a therapist that works with surviving children of the invasion.

Other names of cast members include Seychelle Gabriel (The Spirit, and M. Night Syamalan’s The Last Airbender), Jessy Schram (Life, Crash: The Series) and Drew Roy (Greek, Lincoln Heights). According to reports, the series opens shortly after aliens have wiped out most of humanity. The aliens are now rounding up the few people left, but they are met with strong resistance from a group of soldiers and civilians who fight for their survival – all while struggling to maintain their humanity.

The series is set to debut sometime in 2011.

With Black Friday sales behind us but with Christmas right around the corner, there’s still time to get some great movies on DVD and Blu-ray this holiday season. To help, here’s a list of some of the new movie and TV shows coming to DVD and Blu-ray this week that we’re looking forward to seeing. Also, there’s some classic, and not-so-classic, movies hitting Blu-ray for the first time.

Of all the new releases, we’re particularly interested in the Blu-ray versions of movies and TV shows such as The Wizard of Oz, Gremlins, Snatch, Ben 10: Alien Swarm and the Blu-ray debut of McG’s Terminator: Salvation (shown above with Christian Bale and Sam Worthington).

Check them out:

A Christmas Tale (The Criterion Collection) (Blu-ray)

Ben 10 Alien Swarm ~ Ryan Kelley, Nathan Keyes, Alyssa Diaz, and Galadriel Stineman (DVD and Blu-ray)

Better Off Ted: Season One ~ Jay Harrington, Portia de Rossi (DVD and Blu-ray)

Gremlins ~ Zach Galligan, Phoebe Cates (Blu-ray)