Del Toro co-wrote and directed the first two adaptations of the graphic novel, which kicked off with 2004's Hellboy and followed four years later with Hellboy II: The Golden Army.
According to The Hollywood Reporter, Millennium is in talks with producers Larry Gordon and Lloyd Levin for the R-rated refresh, which is meant to relaunch the Hellboy property.
Big red is coming back to the big screen in a planned R-rated reboot of the Hellboy series. The film's working title is Hellboy: Rise of the Blood Queen and features a script by Andrew Cosby (Eureka), Christopher Golden and Mignola himself.
Actor David Harbour, victor of the Outstanding Ensemble in a Drama Series award for 'Stranger Things, ' poses during The 23rd Annual Screen Actors Guild Awards at The Shrine Auditorium on January 29, 2017 in Los Angeles, California.
Tiffany Trump to attend Georgetown University in the fall
The 23-year-old University of Pennsylvania grad will attend the elite law school in the fall, according to multiple reports . Tiffany graduated from the University of Pennsylvania in spring 2016 with a degree in sociology with a concentration in law.
Kim Jon-un claims he dodged a $100K USA death plot
The US has sent a warship to the region and installed a controversial anti-missile defence system in South Korea. Embassy in Seoul and South Korea's National Intelligence Service were not immediately available for comment.
Narine, Lynn star in Kolkata's resounding win over Bangalore
RCB will next take on Kolkata Knight Riders on Sunday while Kings XI Punjab will battle it out with Gujarat Lions on the same day. It also sealed a Play-off berth for Kolkata. "Well to be honest, I have never seen anybody else hitting as hard as Lynn".
Hellboy was originally created in 1993 by Mignola and has starred in multiple mini-series and comics published by Dark Horse over the years.
If a deal is made, Millennium would become the third company to make a Hellboy movie in as many releases. Must report that 100% the sequel will not happen.
Comic book artist Mike Mignola has just revealed that his most famous creation, Hellboy, is going to receive the movie reboot treatment.
There IS going to be another HELLBOY MOVIE. We thought we would never see another Hellboy film.