Released last week, a detailed synopsis of the film has Guillermo del Toro creating two worlds. The first is an alternate version of Earth in the near future, decades after a historic date in November 2012 when the first kaiju, a towering Godzilla-like beast, emerged from a hole in the Pacific Ocean and attacked the city of Osaka, Japan. The second is "The Anteverse," another universe on the other side of that gaping portal, 5 miles below our ocean's surface.
The project is believed to be budgeted at $150 million and will be R rated. Production will start sometime this summer.