Well, if we are going to trust anyone, I guess we should trust Ridley.
For those of you who may not have known, Ridley Scott had been plotting a sequel to 2017's Alien: Covenant leading up to the films release. They were prepping for production until the box office numbers for Ridley's Prometheus sequel under-performed. Worldwide the movie grossed $240 Million on a $94 Million budget. This is compared to Prometheus making a massive $403 Million worldwide.
Obviously the studio system had felt uncomfortable providing a budget for his follow up movie Alien: Awakening that appears to have been canceled entirely. Now that Disney owns previous production company Fox Searchlight (Now just titled Searchlight) there appears to be light at the end of the tunnel for the famous Alien franchise.
Keep in mind, a few months back Sigourney Weaver had revealed publicly that she was sent a 50-page treatment for a new movie by franchise producer Walter Hill. The treatment had outlined Alien 5, providing a chance for her to revisit her role as Ellen Ripley.
In an interview with Forbes , Ridley had this to say when asked about the future of Alien. “We went down a route to try and reinvent the wheel with Prometheus and Covenant, whether or not we go directly back to that is doubtful because Prometheus woke it up very well. But you know, you’re asking fundamental questions like, ‘Has the Alien himself, the facehugger, the chestburster, have they all run out of steam? Do you have to rethink the whole bloody thing and simply use the word to franchise?’ That’s always the fundamental question.”
While we are aware this doesn't provide any specific info, however it does show Ridley is ready to shift the franchise in a new direction if he must. Despite mixed reviews, we really enjoyed both Prometheus and it's sequel Alien: Covenant. We can only hope between Sigourney Weaver receiving an outline and Ridley expressing his interest in returning, that he will be directly involved with this potential production.
If you haven't seen the originals, GO WATCH THEM