Bad news if you’re a fan of the quasi-toku franchise Pacific Rim. It was revealed today through a story in the Hollywood Reporter that an on-going battle between Legendary Pictures (the company that made the first Pacific Rim movie) and Universal (the company that distributed the movie) has put the sequel to the fan-favorite movie in to an indefinite halt in terms of production, with whispers that the movie may not get made period.
To recap – Pacific Rim finished its domestic earnings at $101.8 million dollars. However, the overseas market (and especially China) helped the movie earn worldwide a total of over $409 million dollars. Legendary Pictures has a lot of investment in the Chinese market and desperately wants a sequel to this movie made (because of the apparent cash cow it will become in the Chinese market). Universal, on the other hand, could care less about the overseas market and is more concerned about money, or the lack thereof, being brought in by recent releases from Legendary Pictures.
In short – it’s all about the money. Universal is unhappy with recent releases from Legendary Pictures, while Legendary Pictures wants more money chipped in (while cashing in on the Chinese market once the movie is released). A special thanks to ScreenCrush.com for their interpretation of the original article.
Are your hopes crushed? Or could you care less? Sound off in discussion!