Fox looking for 'Die Hard 5' director

John McClane is set to find himself in the wrong place, at the wrong time...for the fifth time.

The last "Die Hard" film debuted in '07.

According to Deadline, 20th Century Fox is moving forward with a fifth installment in the action franchise, "Die Hard," with Bruce Willis as the embattled cop McClane.

The studio is reportedly working to shore up a director and has a short list which includes Joe Cornish ("Attack the Block"), Justin Lin ("Fast Five"), Nicolas Winding Refn ("Drive") and John Moore ("Max Payne").

Lin is probably the most in-demand of the directors coming off the success of "Fast Five," and the news that he is attached to the revival of "The Terminator" series, although that project has been left in limbo since Arnold Schwarzenegger's marriage scandal.

The original "Die Hard" shot its way into theaters in 1988, and the latest installment, "Live Free or Die Hard," arrived in June 2007, bringing home $134 million domestically and $383 million worldwide on a production budget of $110 million. That film was directed by Len Wiseman, also known for the "Underworld" films.

Despite its faults, "Live Free or Die Hard" was a decent summer action flick, although there is simply something not quite right about a PG-13-rated "Die Hard" film. As last year's "RED" proved, however, Willis still has some years left in him as an action star.

Megan Ellison purchases film rights to 'The Terminator' franchise

"The Terminator" hit theaters in 1984.

Producer Megan Ellison and her Annapurna Films topped the bidding for the rights to make two new films in the “The Terminator” franchise.

According to Deadline, which broke the story early this morning, the bidding came down to Ellison and Lionsgate, although the final price is not yet known.

Pacificor, which bought the rights to the franchise in a bankruptcy auction in February 2010, was shopping the project around with Arnold Schwarzenegger and director Justin Lin ("Fast Five") attached. The company bought the rights to the franchise in a bankruptcy auction in February 2010.

Ellison produced three films last year--“Main Street,” “Passion Play” and “Waking Madison”--and was executive producer on the Academy Award-nominated “True Grit.” She is the daughter of billionaire Larry Ellison, co-founder and CEO of Oracle.

Vin Diesel talks about "Fast Five" extra scene as well as the franchise's future

Entertainment Weekly talked with "Fast Five" star Vin Diesel Thursday, expanding on the extra scene following the film's end credits and what it means for the eventual sixth film.

(Since this will obviously include spoilers for "Fast Five," the rest of this post will be behind the break.)

'Terminator 5' director Justin Lin says new film may disregard 'Rise of the Machines,' 'Salvation'

More details are emerging about the forthcoming fifth "Terminator" film, which according to reports is set to star Arnold Schwarzenegger and be directed by Justin Lin ("Fast Five").

"Terminator Salvation" hit theaters in 2009.

Deadline reported last week that Pacificor, which bought the rights to the franchise in a bankruptcy auction in February 2010, was shopping the project around with the actor and director attached.

Lin revealed in an interview with MTV Wednesday that the new film may disregard the third and fourth films, "Rise of the Machines" and "Salvation."

"I always feel like what's great about the 'Terminator' franchise is that there's time-travel and there are different timelines to play with," Lin told MTV's Movies Blog. "There are also a lot of gaps from what we love about all of the 'Terminator' movies, so there's a lot of things we can do and play with.

"But obviously, answering your question, ['Terminator'] does have that capability, finding fresh ways of going back without destroying other [movies], because you can tell your own stories."

I"m not sure how I feel about this. For one, it's hard to pretend certain movies in a franchise suddenly do not exist (I'm looking at you "Star Trek: Nemesis"). "Superman Returns" tried that trick by picking up at the end of "Superman II" and it didn't work out too well, with the studio now rebooting the entire franchise.

There were similar rumors about "Salvation" and how true it would stick to the existing canon. I was pleasantly surprised to discover it did. I'm a sucker for continuity and I liked how they managed to tie the past and future together, or at least begin that process. One has to remember that "Salvation" was originally intended to be the first in a trilogy, so we really don't know what direction they were planning to take the story.

The biggest problem with "Salvation" was they entered a realm that I don't think James Cameron, when he wrote and directed the first two films, ever thought he'd ever have to show. John Conner being raised to be humanity's salvation is great when he's a kid, but when he has to grow up, become Christian Bale and try to convince everybody else that his mother told him he'd save the world, it's hard to pull off.

Lin said in the MTV interview he should know in the next three to four weeks how his upcoming schedule is going to shake out between this project and the eventual "Fast Six."