iFMagazine attended the "Fangoria's Weekend of Horrors" in Burbank, CA this past weekend and reports on what Guillermo Del Toro has to say to about the status of Hellboy 2:

"We're moving studios right now," says Del Toro. "They don't have a deal with Sony any more and we are looking for financing for HELLBOY 2. It's at Paramount right now. It's bigger in scale, but not necessarily in budget. Abe Sapien has a much bigger part, and we're keeping closer to the mythology of the comics." Del Toro giggled with glee as he revealed a singer whose music would be part of the film. "There is a song by Barry Manilow, and you'll have to find out about how that fits in. I know you are all saying 'what the f**k is that?!'"

CLICK HERE to read the entire (very insightful) story about this and other horror-related films in production.