A press release from Showtime Networks and The Weinstein Company reports that the two have signed a long term deal which will span for 7 years and includes over 95 films. Now one of these films is SCREAM 4 and the press release says that the film will be the re-start of the SCREAM franchise, meaning that we probably will get so see more than just a fourth SCREAM film. That's it for now but more when it happens.
Source:
Showtime, Weinstein Company