Guillermo del Toro Talks ‘Hellboy 3′ Story and Studio Disinterest

Published 10 months ago by

Ron Perlman as Hellboy Guillermo del Toro Talks Hellboy 3 Story and Studio Disinterest
We know Guillermo del Toro today as a wildly imaginative filmmaker, whose films blend a sense of the fantastic with a deep streak of the macabre, all while inspiring wonder with their unique, spectacular visuals. Now a fan-favorite, some of his recent films, like the kaiju movie Pacific Rim and the grotesque fairy tale Pan’s Labyrinth, contain some of the most arresting cinematic imagery in recent memory.

A decade ago, the Mexican filmmaker’s earlier horror films – like Cronos and The Devil’s Backbone – placed him on Hollywood’s radar, leading to the Mira Sorvino horror movie Mimic, Marvel comic book sequel Blade II and 2004’s Hellboy. Del Toro accomplished what seemed like a minor miracle: adapting writer-artist Mike Mignola’s oddball, mythologically rich comic book into an entertaining (if somewhat flawed) popcorn movie, which has since spawned a cult following.

Del Toro’s follow-up, Hellboy II: The Golden Army, had a bigger budget and equally impressive visuals, including the striking Troll Market sequence. As for, Hellboy 3, it’s up there with Deadpool as a promising project fans shouldn’t hold their breath to see. Star Ron Perlman has maintained his interest in concluding Big Red’s story, as has the character’s creator. And no one wants to do it more than del Toro himself.

In a recent Reddit AMA, del Toro talked about a wide range of interests and topics, from the visual aesthetic he is proud of developing for Pacific Rim and his upcoming Crimson Peak to his praise of the updated Godzilla and his enthusiasm for director Gareth Edwards’ forthcoming Star Wars spinoff film to his devotion to Lovecraft’s Cthulu mythos.

The subject turned, inevitably, to Hellboy 3. When asked about the film’s status, del Toro responded:

Well, you know, we don’t have that movie on the horizon, but the idea for it was to have Hellboy finally come to terms with the fact that his destiny, his inevitable destiny, is to become the beast of the Apocalypse, and having him and Liz face the sort of, that part of his nature, and he has to do it, in order to be able to ironically vanquish the foe that he has to face in the 3rd film. He has to become the best of the Apocalypse to be able to defend humanity, but at the same time he becomes a much darker being. It’s a very interesting ending to the series, but I don’t think it will happen.

crimson peak guillermo del toro release date Guillermo del Toro Talks Hellboy 3 Story and Studio Disinterest

Given del Toro’s level of commitment to his projects – despite the fact that some never make it to production – it’s not surprising to learn how much planning has gone into Hellboy 3. When asked why the studios don’t seem interested in a third entry in the series, del Toro said the following:

It is a question that I myself ask of the world many times, but we have gone through basically every studio and asked for financing, and they are not interested. 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.

Creatively, I would love to make it. Creatively. But it is proven almost impossible to finance. Not from MY side, but from the studio side. If I was a multimillionaire, I would finance it myself, but I spend all my money on rubber monsters.

The first two Hellboy movies were well-received by both fans and critics alike, and with del Toro’s ever-crowded dance card including executive producing and directing the pilot for FX’s The Strain, an animated series lead-in to 2017’s Pacific Rim 2, and Crimson Peak, will enough fan support be able to swing the studios around to considering Hellboy 3? If so, the real question is just where in his schedule will del Toro find the time.

Hellboy 2 Perlman Jones Guillermo del Toro Talks Hellboy 3 Story and Studio Disinterest

Check out the rest of del Toro’s AMA (click here) for some wonderful anecdotes about, among other things, his love for his Pacific Rim actor Charlie Day’s It’s Always Sunny in Philadelphia, starting every meal with dessert when eating with Ron Perlman, and his approach to FX work and how the technology is changing.

If del Toro’s next few projects prove successful – thereby placing him on the top of the directing ladder – the possibility of Hellboy 3 happening down the line may be more viable than it is now. It’s still far on the horizon, that much remains certain.

Hellboy 3 is currently not in any real stage of development.

Follow Anthony Vieira on Twitter @malaclyptic
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  1. Kickstarter that s***!

    • You aren’t gonna kickstarter the 120 million dollar budget the film would require.

      • Like Nicholas said though, a TV show that only Americans of a certain age have heard of managed $5million+ through Kickstarter so imagine what a global fanbase for a movie franchise could earn.

        It’s possible and I imagine some of the cast would waive fees so long as it got made because they clearly love it so much so that might lessen the budget too.

        • As an example, the Devin Townsend album Casualties Of Cool was put up on PledgeMusic earlier this year and made 300% of its funding within 8 hours and by the time it officially ended 3 months later, they made close to 700% of the funds with all the leftover cash going towards promotion and touring for the NEXT album (Z2, a double album with puppets and such) plus various animal shelters in the Vancouver area.

          • I wasn’t aware that CoC was crowdfunded. Mind you, for every Devin Townsend and maudlin of the Well there’s a dozen other bands that fail with their crowdfunding projects.

      • If the space combat and trading game Star Citizen can get $47 Million by crowd funding, then $120 Million for a movie isn’t that far out of reach considering that the movie should have a much wider audience than a space combat game, which is pretty much a niché product. Besides, they wouldn’t have to crowd source the whole budget, but just enough to put a studio at ease, due to the limited risk.

        Unfortunately I don’t like the implications of all this. These guys actually made a profit, although not a very big one, but now they want to put their money on safe bets instead of on an imaginative story. That a win for generic mediocrity and a big loss for creative film making that dares to be somewhat different. And why wouldn’t they have the safety net anymore? Last time I checked the DVD/Blu-ray business was still alive and well.

        • Agree completely “Lost”.
          This, in a nutshell, is the thinking in Hollywood today and the reason we get sequel after sequel of “safe” money-making franchises.

        • I feel like with the success of Guardians of the Galaxy though, maybe some studio will realize how big Hellboy could be with everyone clamoring for the odd, less mainstream comic stories. And with better marketing.

      • Look at Star Citizen, that game has racked in over $100 million total in crowd funding. It is possible, but probably not in the limited time frame that kickstarter gives you. BUT a kickstarter that brought in 3-10 million would be a great indication that people want to see this made. That would then get other financiers interested and maybe a studio will have the balls to pick it up and run with it.

  2. Kickstarter!!

  3. Damn it, I wanted Hellboy 3. Enjoy the first two. The description Del-Toro said of what will the third film be about, it actually sounds interesting.

  4. If Reading Rainbow can make 5 mil+… come on Kickstarter!!

    • It’s just convincing studios to allow Kickstarter and similar sites as a way of funding films through the fans.

      Considering del Toro works with Legendary these days, I could see them maybe considering it but they could also do what DNA Films did with Dredd when fans brought up self-funding amongst themselves and say “No way”.

      It’d be a damn shame though because already this year, I put money into a new Tank Girl comic book (with my picture used in the final printing) and a very limited edition Casualties Of Cool 2CD box set by Devin Townsend and I’d be more than willing to add some funding towards films like those (and his “Mountains” adaption), if only the studios would agree to it.

  5. i liked both movies and am still hoping that they will change their minds on making the third film.

  6. :( sadly this is going in the category of things i would love to see that wint happen along with Deadpool, Dredd 2.

    • Have you read Dredd-s quasi-sequel comic Underbelly?

      They’re on the 4th printing now, it keeps selling out fast because of the huge demand for more stuff set in the world of the movie.

  7. I LOVED The first two and I’m strongly hoping for a third but..I see this film is in the same boat as Dredd is right now. The fans want it and the Actors want to do it but the studios are hesitant.

    • I wonder why when they’ve been doing the whole VOD stuff for some film releases to test the waters and subscription sites like Netflix, Blinkbox and Amazon Prime are becoming huge too instead of the traditional models (ticket sales, advertising revenue).

      It’s almost like some people in the industry are too blinkered towards pushing for 3D cinema tickets and can’t see the other possibilities they have.

      What failed Hellboy 2? It looked too niche for most audiences and they unfortunately stayed away and missed out but it did big business on home release once people got curious so maybe there’s something there they can look at as a potential business model?

      Maybe auction a small role in full costume for a little funding (Monty Python did it recently for a walk-on part during the Bruce sketch in their recent live shows, the opening night show I attended on July 1st had a guy who paid over 2 grand to represent a Freddie Mercury memorial charity)?

      Maybe a pledge option could be to attend a special screening with cast and director before the official red carpet event?

      Maybe auction off props used in the film or have things named after people that pledge cash (Tank Girl did this, for a few hundred, your name could appear on a beer bottle in the new book while for £2000, you could be drawn as a character in the book and killed by Tank Girl herself within the pages with only 2 slots available at that level, both of which were bought up pretty quickly, one by a Canadian who bought it as a birthday present for his wife)?

      Endless possibilities, the studios just don’t seem to have the guts to do anything outside the norm.

    • May need a little help from Paul Young here, tried to respond but my comment is failing to show, no clue why.

  8. Well, That means that Universal and Legendary Pictures will reboot The Hellboy Franchise and instead of having Ron Perlman in a Over-sized suit, The Hellboy Character will be mo-cap/CGI.

  9. I’d much prefer a Dredd sequel!!

    • You look ready.

  10. No offense, but I’m kind of glad… IMHO HELLBOY 2 was too much Del Toro and not enough Mignola’s Hellboy.

    • This.

  11. I loved the first 2 films and would LOVE LOVE LOOOOVE to see the film that Del Toro described. I initially thought Kickstarter as well, but I am not sure that a SFx laden film like Hellboy 3 can get enough cash through Kickstarter to do it right. Hopefully, Del Toro has a couple of blockbusters in the near future and some studio gets the cajones to actually make Hellboy 3!

  12. This just in.
    Hellboy3 will never happen
    This also just in
    Get. The. Phuck. Over. It

    • Fuk no. Im not gona get over sick of mainstream movies getn made and mainstream characters getting movies jus coz majority ppl pay for s*** like that (spiderman transformers come to mind)..there have been many s*** movies that make money.. I jus want hellboy 3

  13. Does no one remember that Hellboy 2 came out a week or so before The Dark Knight? If they schedule it properly and not next to one of thee biggest movies of all time, they would easily make a healthy profit, especially now that people are familiar with the franchise. The corporate mentality makes zero sense to me. You put the time and effort into getting a ‘product’ (such a dirty word when used here) out to the public, then you pull out as it’s ready to pay off?? Idiocy.

    HELLBOY 3 NOW!!!

    • Now that you bring it up you are absolutely right.Hellboy 2 was completely overshadowed by The Dark knight.The first Hellboy had a big enough audience to make its money back and it grew with dvd sales and everything else.Hellboy 2 could have been even bigger if it hadn’t been for the date.It was a huge mistake to release it so close to a movie that was getting so much attention.

  14. Just seems to me that Kickstarter, or something like it, is the natural evolution for financing artistic projects. Fans & friends-based funding for projects rejected, or even banished, from traditional support systems (Studios or personal fortune) should already be in place. Including the kind that aim for budgets to the tune of $100 Million + !
    I can easily see it develop into a big cultural thing with folks checking & reporting on the progress & so on.

    If it isn’t allowed, it doesn’t reflect well on our culture. It certainly isn’t in the spirit of democracy & freedom…

    I really want Del Toro to make Hellboy 3 & wrap up one of the coolest CBM Trilogies ever. The first 2 are fantastic!

  15. Mimic came out before The Devil’s Backbone.

  16. Perhaps they could do an animated version of Hellboy 3. Use the original voice actors from the films, polish the script and then the imagination of Del Toro can run loose – there’s no budget of special effects with animation.

    • There have already been two animated features with the original cast…Hellboy: Sword of Storms, and Hellboy: Blood and Iron. Both were well done, and a lot of fun, but definitely NOT the movies.

  17. Bring Hellboy 3 back!!!! Its not up to you.. We want it and now!

  18. I loved what Guillermo Del Toro did with his ‘Hellboy,’ movies, especially what I just read here for the final third film. Can you imagine a ‘Guillermo Apocalpse?’. The visuals, the rubber monsters, and Big Red (I have goose bumps.). I’m a HUGE fan of his films, but from a studio point of view his movies don’t make back say ‘Transformers,’ profit. Guillermo Del Toro movies are better, but sadly money talks more!

  19. How is it all these crappy movies get sequels (or get made in the first place) and a 3rd Hellboy can’t get made? I know one of these smaller studios looking for a franchise could find a way to fund it (Lionsgate etc).

  20. And yet dreck like The Avengers and Iron Man 3 somehow make over a billion… The word is unfair.

    • @Hellboy 3 Please!
      And yet dreck like The Dark Knight Rises and Man of Steel somehow make over a billion… The word is unfair.


      Other than that, I agree- Hellboy 3 please.

  21. Hellboy 3 will totally bomb at the box office and honestly I don’t think a 3rd is necessary , rather a Netflix-mini series or continue with comic books, less money more profit. But I do agree with a Kickfart campaign, if Reading Rainbow can make more than 12mill overnight, Hellboy 3 can at least make 1mill hahha I don’t even know but let’s be honest Hellboy 3 wouldn’t survive with these summer blockbusters or sci fi hits especially when you have 2-3 Marvel movies every year and Fox and Sony Marvel properties releasing every year not to mention DCU’s upcoming movies and del Toro stacked up to the neck in 3 upcoming TV shows and multiple high budget films not to mention a greenlight from Pacific Rim 2 so the best I can say is either get over it cuz we have great franchises and action films literally every year or start a Kickfart

    • YOU .F.U.Ck.In t.ur.d

      • Haven’t really learned social etiquette yet have ya, j? I’m guessing you’re too young to babysit yourself.

    • What are you smoking? There have been very few movies in the last 5 years even worth blinking at. HB3 would be great if the studio keeps their meddling fingers out of it. If you don’t want to see it, fine…I’m sure there are plenty of seats for you when you go to see all those remakes, reboots, and re-imaginings.

  22. Why not do a Kickstarter?

  23. I would NEVER, EVER contribute toward a “kickstarter” for any film. Pompous movie makers. So the fans are supposed to pay to have the movie made, then pay to watch it, but not receive any of the profit?

    Get serious.

    • That`s right Jeff, and in clever clever money grabbing be expected to fork out 25-30 beans for a DVD and about 35-45 for the bluey. Then see the whole thing boxed up as a trilogy. This thing could be wrapped up for less than 100 million but heads grow bigger over time and somehow there is more dosh to be made via Pacific Rim.

    • What they could do, but I doubt they will, is to give every donator a code that would later release a free ticket, so you’re not paying twice.

  24. i think that every director who make comic or book adaptation should do trilogy so he can tell much of the hero story, and reasonably complete his vision of it. Whatever it was good or bad.

    • That’s tricky. Everything can happen between the 1st and the 3rd movie. They can’t plan ahead like that. That would be like an NFL team thinking about the super bowl before making it through the playoffs.

      They should always make the best possible standalone movie they can. If they’re already thinking about the trilogy when they’re making the 1st one, they risk dropping it on the floor.

      I’d even say that the best trilogies are the ones that wasn’t supposed to be trilogies.

      Some of the other ones where they’ve shot no. 2 and 3 back-to-back have often tried too much and too hard, and then neither have worked like a good standalone movie.

  25. Produce it at Legendary. They’d love to do it.

  26. Ron Perlman 62 – hopefully get made in next few years anything more than a 70 year old superhero is gonna needs some serious special effects!

  27. I’m personally feeling like most fans,would love love to see the third final adventure to ending to this movie. If it has to endure bc it was such an seat planting, can’t don’t want to miss a minute if it was out of you’re control type of situation. I feel like if you have all of the actors and actresses in agreeable to the movie,and contract with millions of fans on board than why not be on board to make it . I see a guaranteed bundance of ticket sales ,know what and listen to you’re customers sometimes as I tell my mother who owns a restaurant,bc that’s how you make your $$$,and you do want them to come back but also spread the word. Just like for you as a producer ,you’re work will speak and sell for it’s self then the phone will continue to ring as ppl will want to work with you….