My assumption is the license to make the game "timed out". Considering most licenses are 3 years, the Predator announcement in 2011, and "the scrubbing" in 2014, this lines up.
Over these last few weeks/months the going theory is that they're either re-negotiating the license, or doing a re-theme. A re-theme = fail so let's not consider that. Nobody, not even us "rival" boutiques, want anyone to fail.
In the best scenario - a successful re-negotiation - the question to ask yourself is if you'd be OK with a "stripped down" Predator?
You don't just license the movie and get everything in it. (Maybe them assuming they did is where the trouble started in the first place?) "Just the movie" would get you the script, characters, Predator imagery, maybe sound FX. Actor voices, likenesses, the musical score and "Long Tall Sally" would all be separate negotiations, costs and contracts.
So the question to ask is: If they retain the license and all you get is the Predator sounds, imagery and maybe the musical score (no Arnold or original voices) would that be enough to keep you in? What is the minimum amount of Predator IP you'd be happy with? Just the title and the monster?
DISCLAIMER: I have no insight as to what's actually going on. These are my own theories and questions based off info available on the web.