In the video transcription, director Alvarez discusses his approach to the film Alien Romulus, placing it in the timeline after Alien and before Aliens. He expresses excitement for viewers who are new to the Alien franchise, as they will have a fresh and thrilling experience exploring the world of the creatures for the first time. For those familiar with the previous films, Alvarez promises a different but equally engaging experience. Overall, Alvarez aims to provide both new and existing fans with an exciting and immersive journey into the Alien universe. #vizard