Double Dragon has found a new home. Arc System Works (BlazBlue, Guilty Gear X has acquired the rights to to three Japanese series, Super Dodge Ball, Kunio-kun and, the one most known one outside Japan, Double Dragon.
This most likely means that we are going to get a new and better Double Dragon reboot in a not too distant future, since Arc System Works didn't buy these franchises to not use them. That is something everyone should be happy about considering how poorly the recent games in the Double Dragon series been recieved by both gamers and media.

Thanks, AllGamesBeta