"It’s both a shock and yet not truly surprising, as the Lovecraft tale (which sees a 1930s scientific expedition discover something ancient and terrible at the South Pole that suggests mankind’s origins might lie with the powerful, alien elder gods) has been a passion project for the filmmaker for more than 13 years.I must admit I'm not that familiar with Lovecraft's work, having only read a handful of his short fiction, but I've heard good things about this particular story. With James Cameron onboard to help with the 3D aspect, this is certainly one to keep an eye on.
The movie has been at more than one studio over that time, with the current incarnation starting off at DreamWorks in 2004. But that stalled out and Universal took it over when del Toro made an overall deal there in 2007. It looked like the Madness might actually begin there, before The Hobbit came a-calling and GDT headed to New Zealand.
But with Middle Earth now off the table, it’s back into the Madness for the man who has long dreamed, along with writing collaborator Matthew Robbins, of bringing the monstrous elders to life."
15 hours ago