This is just awesome Alien news! This is the perfect way to go! Retcon the sequels that are blocking way to make a awesome film. I don't understand some that are saying its a lazy way out or if a creative writer was great he would continue off from AR. No, thats just not the way to do it. Continue off from a "classic movie". The last movie that was still great in the Lore. Not from the films that took the story elsewhere. I love A3 but this new movie could be a alternate timeline were the viewer gets to decide which is cannon or not. Everyone wins. This is going to be the best Alien movie since Aliens. Blowing out AR, AVP, AVPR, Prometheus, Prometheus 2. Viewers can have there continuity like this,,
1) Alien, Aliens, Alien 3, AR
Or,,
2) Alien, Aliens, Alien 5
The cannon is the viewer, which ever the fan prefers. Also the new movie would serve as a alternate progression which is very cool so see in a cool character of a cool franchise like this. That is of course Lt. Ripley.