While Ron Perlman revealed last month that he'll never stop fighting to get Hellboy 3 made, it seems that director Guillermo del Toro has thrown in the towel. During a Reddit AMA session, the filmmaker reveals that he doesn't have Hellboy 3 "on the horizon," but he did share new details about the story, even though the project is currently dead.

"Well, you know, we don't have that movie on the horizon, but the idea for it was to have Hellboy finally come to terms with the fact that his destiny, his inevitable destiny, is to become the beast of the Apocalypse, and having him and Liz face the sort of, that part of his nature, and he has to do it, in order to be able to ironically vanquish the foe that he has to face in the 3rd film. He has to become the beast of the Apocalypse to be able to defend humanity, but at the same time he becomes a much darker being. It's a very interesting ending to the series, but I don't think it will happen."
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During an interview with Collider last year, the filmmaker acknowledged that several elements have to align perfectly for the sequel to happen.

"It's very unlikely it'll happen because you need things to converge so strongly. [Producer] Larry Gordon, Universal, the rights, Ron Perlman's] and mine's availability, [comic creator] Mike Mignola's] blessing; we have pieces of that, but we don't have all of that. You need so many things to confluence and then you need about $150 million."

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