Guillermo del Toro gives an update on the Pacific Rim sequel, which had its script green lit by Legendary back in December.
Though a Pacific Rim 2 is not guaranteed, Guillermo del Toro informs IGN that he and Travis Beacham are writing the script for it.
...we are writing the sequel. Travis Beacham and I are writing, so that is active. The decision to green light or not, that’s definitely above my pay rate.
While Pacific Rim didn't do all that well domestically (101.7 million) it did to better overseas raking in $305.8 million for a total of $407 mil. The budget for the movie was around $190 million.
Guillermo del Toro even offered some details about the sequel in that it may feature a Kaiju/Jaeger hybrid.