It was announced yesterday that Shane Black, the venerable screenwriter behind Lethal Weapon and writer-director of Kiss Kiss Bang Bang and Iron Man 3, will co-writing and directing a reboot of Predator for Twentieth Century Fox.

Collider quickly jumped on the case and was able to clarify that this Predator, also penned by Monster Squad‘s Fred Dekker, will actually be a sequel.

While the initial report said that Black’s new ‘Predator’ film would be a reboot, Black tells us that he and Dekker see the project as definitely not a reboot, “As far as Fred and I are concerned anyway,” Black said, adding “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.” He went on to say that Dekker, who’s writing the screenplay, is “perfect” for the project, adding the two had a blast writing the screenplay for ‘The Monster Squad’ together.

Even if it’s a sequel I wouldn’t be shocked if FOX releases it under the title Predator or with a modern spin – The Predator.

CELEBRATE.