2. "Del Toro needed too big of a budget according to the piece" In response to Reply # 1
But both movies engendered strong cult followings and there were rumblings of a third installment. Last year del Toro, Dark Horse Entertainment, Levin and Gordon, the latter who controls the rights, explored their options. However, the budget was a stumbling block, with del Toro wanting a bigger canvas for his vision. In the end, the producers decided a reboot and relaunch was the more feasible route.