Words were out last October 2013 that a sequel for the American science fiction, monster-action film Pacific Rim had already been written, thanks to the movie's ardent followers. A little while later that green light was given, and reports had it that Pacific Rim 2 would be hitting theaters in April 2017.
Unfortunately, things took a different turn and it was announced that the sequel of the Pacific Rim has been indefinitely postponed.
The matter in question revolves around the alleged troubles between the American film production company 'Legendary Entertainment' and 'Universal Pictures,' as both firms entered into an agreement in 2014.
Reportedly, the Chairman of the Board and Chief Executive Officer of Legendary Pictures Thomas Tull, got the connection between the two companies off to a slow start with some bad performing films. With Pacific Rim's budget rumored to be around $190 million, and no guarantee on return on investment just yet, this could very well be the reason why it'e being indefinitely pushed back.
The Hollywood Reporter representative stated, "Legendary wanted to produce a sequel to del Toro's 'Pacific Rim,' which was made under the Warners deal and 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."
THR rep also stated, "Sources say Legendary Entertainment finds it agreeable that the original film performed exceptionally well in China, where the company is heavily invested, but for now the project - which had been ramping up to make a release date in August 2017 - has been halted indefinitely (if it gets made at all)."
However, reports further reveal that "Del Toro had started creating plans for the sequel of the Pacific Rim before the first one even hit theaters," "Initially, the original's poor outcome at the domestic box office ($101 million, or a little over half the production budget) made a sequel goes down the drain. But the sci-fi actioner rallied overseas, making a killing in China, and so Legendary decided to continue firmly with a follow-up."
