I consider this whole situation a victory for the franchise. What if this movie had been successful? What if it was full speed ahead in this direction? The horror of the thought.
In an age where nonsensical plots and copious amounts of cgi have converted the movie going experience into the quest for visual cocaine, the point was made that this ain't cool with Predator. Keep the modern humor, lazy writing, the digital effects, the ridiculous easter eggs, tributes and throwbacks. Turning Predator into Call of Duty or modern Star Wars didn't go over well, and I hope the message was clearly received by the studio.
No matter how long it will be until another movie is made, I feel confident that what was allowed to happen to The Predator, will never be allowed happen to this franchise again.