Probably not, Screen Gems, might make something later that might have something to with the games and not just DmC, but I doubt it. Then again I thought the Dragon Ball movie was going to be scrapped since the first time I heard they were working on one was back in 2003 - 04. But DMC ain't no DBZ or Resident Evil in popularity, so as a studio they will probably just scrap it for now.
"They sowed their fate when they took this job.... I'm just the reaper" - Raiden