Will co-write and direct a reboot of the classic sci-fi actioner…

THR has received word screenwriter-turned-director Shane Black (‘Iron Man 3,’ ‘Kiss Kiss Bang Bang,’ ‘Lethal Weapon’) is set to team with 20th Century Fox for a reboot of ‘Predator.’

Directed by John McTiernan and starring Arnold Schwarzenegger, the 1987 original followed an elite team of commandos who are hunted by an extra-terrestrial warrior as they try to rescue hostages from guerrilla territory in Central America. Carl Weathers, Jesse Ventura, and Bill Duke co-starred.

Black, who already has a connection to the ‘Predator’ franchise having played the role of Hawkins in the original, will write the treatment for the reboot with his ‘Monster Squad’ co-writer Fred Dekker scripting in full.

Matt Reilly of 20th Century Fox will oversee development alongside Davis Entertainment’s Ira Napoliello.

UPDATE

In a new interview with Collider, Black shot down the talk of rebooting the franchise, revealing that they are actually planning a sequel:

“Why start over, when you’ve all this rich mythology yet to mine?” Black said he doesn’t like reboots generally, but can “really get behind inventive sequels”, noting that he likes “the idea of expanding and exploring the existing Predator mythology, rather than hitting the restart button.”