According to The Hollywood Reporter, Iron Man 3 director Shane Black and Monster Squad writer Fred Dekker have signed on to reboot Predator for 20th Century Fox. Black will direct and oversee writing of a script by Dekker. Original Predator producers John Davis, Joel Silver and Lawrence Gordon will return as producers for the reboot.
As THR notes, Black actually had a cameo role in the original Predator. After Black turned down the offer from the studio to polish the script, he was offered a small role in the film. Upon arrival at the set in South America, the producers asked if Black would mind taking a look at the script, to which Black reportedly said, "I'm still not rewriting it."
After the original 1987 film, a sequel -- Predator 2 -- starring Lethal Weapon alum Danny Glover was released in 1990, and the franchise was later combined with Alien for two Alien vs. Predator films in 2004 and 2007. Sin City: A Dame to Kill For director Robert Rodriguez also had an installment in Predator lore: Predators, which hit theaters in 2010, and was intended as a relaunch of the franchise.