FOX confirmed that they will be making a Predator Reboot. Set to direct the new movie is Shane Black (Monster Squad, Iron Man 3 and new movies Deathnote, Doc Savage). Monster Squad was an old favorite when I was young and the over Iron Man 3 just did not sit well with me so at the present time, I need more before I get excited. Not sure if Arnold Schwarzenegger might make some kind of appearance but let us see what develops. Fred Drekker (Monster Squad) will be creating the Predator Remake script.
Update: Shane Black told Collider that he is making an "inventive sequel" and not a full-fledged reboot.