Despite the popularity of the first two Hellboy movies, which combined to make just shy of $260 million at the box office, director Guillermo Del Toro says that the trilogy is not going to be completed any time in the foreseeable future.
“We have gone through basically every studio and asked for financing,” he said. “and they are not interested.”
He had some guesses as to why they couldn’t get the money for the films, which both were very profitable but also expensive to make:
“I think that the first movie made its budget back, and a little bit of profit, but then it was very very big on video and DVD. The story repeated itself with the second already, it made its money back at the box office, but a small margin of profit in the release of the theatrical print, but was very very big on DVD and video. Sadly now from a business point of view all the studios know is that you don’t have that safety net of the DVD and video, so they view the project as dangerous.”
So it doesn’t sound like we’ll ever get to see the apocalypse through Del Toro’s eyes. Kind of a shame, really, especially since the studios have seen fit to greenlight an entirely unneeded Pacific Rim 2.