4 February 2013 7:23 AM, PST | The Playlist | See recent The Playlist news »

Update: Well, that didn't take long. Gris Grimly has once again taken to Twitter with signs of hope saying: "Pinocchio still has a heart that beats! I spoke too soon and it turns out that Pinocchio is still pulling interest from studios." So there you go... It’s been over four years since a Guillermo Del Toro-directed film has been in theatres and with the kaiju-versus-robots film “Pacific Rim” in the home stretch, it looked like the monster maven would finally start working on the vast catalogue of projects he’s been attached to. Last year the Mexican filmmaker decided to co-helm the stop-motion version of “Pinocchio” that he had been producing, but now it looks the project may not become a reality after all, if cryptic tweets are anything to go by. The film’s co-director, illustrator Gris Grimly (whose book is also the source material for the »

- Cain Rodriguez

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