IGN FilmForce got a chance to talk with Hellboy director Guillermo del Toro, who gave some info on the upcoming sequel:
"We are in preproduction," del Toro tells IGN of the film, which many skeptics believed may not see the light of day. "Both with Hellboy 1 and Hellboy 2, they happened right at the moment when we said, 'They're not happening. It looks like we better move on.' And at that moment something happened that made them go ahead. We have Francisco Ruiz Velasco, Wayne Barlowe, TyRuben Ellingson, [and] Mike Mignola designing creatures right now, and we have the movie being budgeted in London and in Budapest. We hope to start shooting next year."
Read on about the sequel's budget and how Hellboy 2 will pave the way for a 3rd installment here!