Hellboy Movie PosterWe previously reported that the status of Hellboy 2 was in limbo. No studios had signed on to the film and the previous studio, Revolution, seems to be folding considering their deal with Sony Pictures ran out.

Apparently, Universal Studios has agreed to finance and distribute the flick. The story is said to give Abe Sapien a larger role in the film and explore his relationship with Hellboy more. I really liked the first one and am glad to see the franchise won’t die before its time. They are shooting for a Summer 2008 release.