After the gothic horror-thriller Crimson Peak hit theaters last year, director Guillermo del Toro's next project was originally believed to be Pacific Rim 2. The filmmaker was set to start production in Toronto last fall, but reports surfaced in September that the sequel start date was being pushed to sometime in 2016. Shortly thereafter, rumors sprung up that Legendary and Universal Pictures were cancelling the project altogether. The director later clarified that the planned release date of August 4, 2017 had been scrapped, although the project was still happening. Today we have a new report from The Hollywood Reporter that claims the sequel has now been delayed indefinitely.

We reported earlier today that Guillermo del Toro is in talks to develop and direct 20th Century Fox's long-gestating remake of Fantastic Voyage, which came about after Legendary and Universal shelved Pacific Rim 2. The last we heard about the sequel was that Guillermo del Toro had finished the script and turned in the budget back in late October. While it isn't know if this project will ever happen now, there is a new development that could help breathe new life into the sequel.

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Earlier this week, Reuters reported that Chinese property and investment firm Dalian Wanda Group has agreed to acquire a majority stake in Legendary Entertainment. When the original Pacific Rim hit theaters in 2013, it earned $111.9 million in China, the movie's highest gross in any worldwide market, including the U.S. ($101.8 million). While we don't know for certain yet, it's possible that this move could bring new life back into Pacific Rim 2.

Guillermo del Toro co-wrote the script with Travis Beacham (Pacific Rim) and Jon Spaihts (Doctor Strange). No returning cast members from Pacific Rim have been confirmed, but it is believed that Charlie Hunnam, Idris Elba, Rinko Kikuchi, Charlie Day and Ron Perlman will be coming back. The director revealed that he plans on bringing back everyone who survived from Pacific Rim.

With Guillermo del Toro now in talks to direct 20th Century Fox's Fantastic Voyage, which doesn't have a planned release date at this time, it isn't known when we may hear more about the fate of Pacific Rim 2. The Dalian Wanda Group's majority-stake purchase of Legendary has not been finalized yet, so if you were hoping to see Pacific Rim 2 within the next few years, you may have quite the long wait ahead of you. Would you rather see Guillermo del Toro direct Pacific Rim 2 next or Fantastic Voyage?