So, do you want the good news or the bad news first? Well, let's start with the bad news: Its official, the A L I E N reboot has gone beyond rumor and straight into reality. But the good news is that at least it won't be a remake. Just last week, Peter broke the story that Fox was looking to revive the franchise, but at the time, none of the principals involved (original creator Ridley Scott, Tony Scott, or rumored director, Carl Rinsch) had officially commented on the status of the project. Now, though, Collider brings us news that they got the chance to speak with Tony Scott during a press event for The Taking of Pelham 1 2 3 and he confirmed that Rinsch has indeed been given the nod to direct a prequel to the 1979 sci-fi horror.

Once you get over the fact that a prequel is a particularly goofy idea, it probably wouldn't be that hard to come up with a plausible story. In the original film, the story of the derelict ship that the crew of the Nostromo encountered was never really explained. That element of the unknown was always an integral part of the original film's scare factor, but you have to admit, it wouldn't be all that difficult to fill in the blanks. Scott is looking to get the film into production by the end of the year, but there is still a small matter of a script and a cast before they can think about sticking to a tentative release date of summer, 2011.

After the jump: how do you make an A L I E N prequel? And does it automatically have to star Christina Bale?

Normally I'm all for a reboot when the previous incarnation was lacking -- but when it comes to a film that was done right the first time around, you can't help but wonder if the only reason the Scott brothers agreed in the first place was to collect a paycheck. The A L I E N mythology is a rich one with plenty of material for prequels and sequels, though when you look at Fox's track record when it comes to franchises, it becomes a little more obvious that they might not have the 'reverence' for the material to make a quality film. That said, I'm slowly coming to terms with the fact that there isn't a darn thing we can do about it -- so let's just take a deep breath, hope to God that Christian Bale isn't brought on to play the shipmate with a low, annoying growl, and take solace in the fact that at least an A L I E N prequel can't be any worse than another installment of Alien vs. Predator. Don't ya think?