Apparently, Burton's Frankenweenie killed Del Toro's Pinocchio pic

Guillermo del Toro has been prepping a stop-motion version of the classic story of Pinocchio for a while now. Turns out it’s no longer on the table—and Tim Burton’s recent flick Frankenweenie is partially to blame.

The tale seemed like the perfect fit for a del Toro adaptation, and it’d have been interesting to see what he would’ve done with the premise. The director was working with Gris Grimly to script the story, but Grimly has now broken the news via Twitter that it isn’t going to happen:

So what was the problem? Stop-motion films are a big gamble, especially with someone like del Toro at the helm. It’s a tough tightrope to walk, and it attracts just a limited segment of the moviegoing population. Case in point: Tim Burton’s recent labor of love Frankenweenie, which made just $35 million of a $39 million budget at the U.S. box office. The worldwide gross did put it over the top, but after you factor in marketing it’s close to a wash. Sadly, movie studios aren’t in the business to break even.

While chatting with fans, Grimly went on to explain the challenges: 

It’s sad to hear that Del Toro’s Pinocchio has crashed back into development hell, right alongside his long-rumored Hellboy 3. Here’s hoping Pacific Rim is a monster hit and will give Del Toro the juice to get some of these projects back up and running. We can only hope.

(Via Bleeding Cool)

Related Stories

Guillermo Del Toro signs on to direct horror adaptation Scary Stories to Tell in the Dark Trent Moore

A film adaptation of the teen horror books Scary Stories to Tell in the Dark has been in the works for a while, and it just scared up on heck of a good director.

With Pacific Rim 2 shelved, del Toro in talks for Cameron's Fantastic Voyage Trent Moore

If you’ve been holding out hope that Pacific Rim 2 might get back on track, we have some bad news. But there could be a silver lining. Maybe.

We could have had a Doctor Strange movie from Neil Gaiman and Guillermo Del Toro Don Kaye

Two of our finest genre storytellers might have brought us the tale of the Sorcerer Supreme if things had gone a bit differently.