If there's any series/franchise ripe for a true comeback: It's The Terminator.
It's pretty widely agreed that every movie after 2, which is over 30 years old now, kinda sucks to varying degrees (Tho 3 might have it's moments).
They've tried to soft-reboot it not just once, but twice, both being pretty abysmal failures.
In the right hands, I think it's very possible for there to be another critically-acclaimed and successful Terminator movie, I don't think it's impossible.
Agree with other posters that Schwarzenegger is too closely tied to the Terminator to pull a Prey. I don't think he has the chops to pull it off anymore.
Something like Alien is ripe with potential, because you can bring in a new cast and have no problems so long as there's a xenomorph afoot. Similar to predator. I've got some hope for that Alien series from the Fargo show writer.
Any idea when that is coming out? Feels like it was announced forever ago.
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I love that I can search for literally that and get a link to Noah Hawley's Wikipedia page and then a news blurb about him saying it isn't another Ripley story.
I had a spec script for a serial killer murder mystery, where the twist is that there's an alien killing people too, and the detective starts to realize that, but the colony authority decides it's just the serial killer, and the detective and the serial killer and the alien all get caught up in this three way confrontation at the end. Probably the with the serial killer and the detective teaming up to kill the alien, leaving the serial killer ambiguously dead and the detective ambiguously infected.