Why this works:
I think everyone can agree that the 1980's are so in right now. So what better of a way to cash in on that neon-soaked '80's nostalgia than with a great movie that wears all of the tropes of the era like a leather coat.
Not only do the characters of Kyle Reese and Sarah Connor need some fleshing out, it also wouldn't be too hard to adapt the Terminator's hunting prowess to a genre focused on hunting for things.
All of this points to a movie worthy of the Telltale treatment.