Pacific Rim 2 Will Still Happen, Says Director Del Toro

"As far as I'm concerned, it's not gone."

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One piece of disappointing film news that broke this week was that the sequel to 2013's sci-fi action fantasy Pacific Rim had been "halted indefinitely" by studio Universal. But now, according to director Guillermo Del Toro, this might not be the case at all.

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In an interview with Entertainment Weekly, Del Toro speaks enthusiastically about the state of the project, which was originally scheduled for a 2017 release. "We are still turning in a screenplay and a budget in three weeks," he said. "As far as I'm concerned, it's not gone. We're still on it. It moved further--I may do another movie in the middle."

Del Toro did however admit that the ambitious nature of his large-scale fantasy and horror films did sometimes make it hard to get them financed, citing several passion projects that have not to date happened.

"If I was a billionaire, I would definitely do Hellboy 3, Pacific Rim 2, and At the Mountains of Madness. And I would quickly become a millionaire!"

Although Pacific Rim was not the domestic hit that many expected, it did go on to box office success internationally, ultimately making more than $411 million worldwide. In China alone it made $111 million, and these figures were enough for Universal to move forward with the sequel.

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