Guillermo Del Toro has had two high profile big budget shots at a live action Hellboy movie, the fact of the matter is he blew both of them. Oh you might argue that both Hellboy and Hellboy II The Golden Army had their good points, but they were few and far betwee. Guillermo Del Toro had a decent cast to work with, particularly with Ron Perlman as Hellboy, but neither of the movies connected, feeling more like loose collections of CGI, a few punchlines and nothing that made you care about the story, the characters or the universe.

The most profound failure of the live action Hellboy movies was that they didn’t matter, they couldn’t capture the dark sketched universe of the comics, the tension, the intensity, the homages, any of it. Sure the creature design was nice, but that’s all you can really say in defense of Del Toro’s Hellboy movies, themselves easily outdone by the animated movies that were far from perfect, but that did work. So why bring this up? Guillermo Del Toro is talking about a third Hellboy movie.

Meanwhile, del Toro is awaiting word on whether U will embrace a follow-up to “Hellboy 2: The Golden Army.” The big-budget film opened in the heat of summer and fell short of blockbuster status in the U.S. but has performed well overseas.

“I think they’ll decide when the last euro hits the piggybank,” del Toro said. “We laid the groundwork to have a magnificent third act. I’d like to return to an action franchise with 60-year-old actor Ron Perlman, because he’ll be scratching at that age when I get to it.”

Langley said the studio is interested and may work with del Toro to add a TV series and online segments to broaden the following before making the series finale.

If Del Toro’s hobbit movies are solid hits that deliver, and I have trouble believing they won’t be, Del Toro may well have his shot at a third Hellboy movie, but based on the two he’s done so far, he probably shouldn’t. Looking back if Del Toro really wants a third Hellboy movie made, he can stick to producing and turn the project over to someone who can bring it together.