It seems that way.  Bloody Disgusting is reporting that Warner Brothers is setting it's eye on a new Mortal Kombat movie.  It's probably going to be a reboot just like every movie that comes out these days.  The script is supposedly being written by Oren Uziel.  Who knows maybe Jean-Claude Van Damme will be starring in this one. For some laughs, check out this piece from Collegehumor.com.