UPDATE: According to a report by Entertainment Weekly, the movie is still on. “We are still turning in a screenplay and a budget in three weeks,” said director Guillermo Del Toro. “As far as I’m concerned, it’s not gone. We’re still on it.”
Del Toro went on to say that the delay is only temporary, and that he may do another movie before production on Pacific Rim 2 starts.
Read the original story below.
Legendary Pictures, lead by Thomas Tull, has become one of the premiere production companies over the last decade. Tull is credited as a producer on several high-profile films, including many within the geek/comic-book sphere. The Dark Knight Trilogy, 300, Watchmen, Man of Steel are some of the big blockbusters on Legendary’s resume. There are also comedies like The Hangover and more dramatic fare like Ben Affleck’s The Town and Christopher Nolan’s Inception and Interstellar.
Over the past few years Tull has been building a modern day monster-movie brand. They released 2014’s Godzilla reboot, are planning to release a new King Kong film (with recent plans to have the two giants crossover), and they also financed the 2011 Guillermo Del Toro film, Pacific Rim and its proposed sequel Pacific Rim 2 (I know, great title right? I’m sure a colon and a subtitle are being planned).
Quick side-story, the news of a Pacific Rim sequel is near to me as it was one of the first movie news stories I ever blogged about last year. You can read that story here (please don’t judge my past writing). Here we are, a year after the initial announcement came, and there seems to be trouble in the Legendary camp.
Last year, Legendary moved from Warner Bros’ over to Universal Pictures, and it sounds as if the transition hasn’t been perfect. You can head over to The Hollywood Reporter for the full report on all things Legendary (included Universal’s skepticism of the proposed Kong/Godzilla crossover). One of the highlights from the trade deals with some of the “problem films” Universal is dealing with Legendary over. Warcraft is seen as a problem movie due to its heavy-fantasy element (producers are worried people won’t connect with the world). Universal declined to particiapte in Legendary’s Crimson Peak (also from Guillermo Del Toro), feeling as though its budget was too high for an R-rated picture (all signs currently point to a winner for Legendary and Del Toro). Now, THR is reporting that the Pacific Rim sequel is being delayed, with the possibility of it being outright cancelled.
Everyone was somewhat surprised the film was happening in the first place. THR comments that the film “turned into one of those films that grosses a lot ($411 million worldwide) while being so costly that a follow-up isn’t a sure thing.” That was the perspective I had on the film. Yes, it made $101 million domestically and more money overseas, but there never really felt like we needed a Pacific Rim sequel.
Under the Universal banner, it somewhat makes sense that the Kaiju flick is not moving forward. The powers at be over there are skeptical about more Godzilla and King Kong films. If they can’t get excited about well-recognized (read: money-making) monsters, then there is no way they can get behind a sequel to a moderately successful (read: Hollywood failure) original monster movie.
So while it is a bummer that the Jaegers won’t gear up to fight the Kaijus anytime soon, hopefully this means we will get more original material from Del Toro. Crimson Peak looks to be a return to horror greatness for the Mexican director, and I hope this opening in his schedule will allow him to pursue more passion projects.