"Pacific Rim 2" is happening, but it might not be soon. Gamespot reported that the original slated schedule has been pulled out in exchange of a later date of release. While there is no official statement on when is the final release, the scheduled Aug. 4, 2017 release date will definitely not push through.

Universal Pictures, however, is trying to keep their partnership with Legendary Entertainment, promising their fans of a secured upcoming sequel. A report from Entertainment Weekly hinted that the reason for the delay is to be able to give more time for its developer to improve the film and make it totally ready in time for the next slated schedule of release.

The official statement from Universal Pictures, as featured on the Collider, said, "Legendary's Pacific Rim 2, originally scheduled for released on Aug. 4, 2017, will be redated at a later time. The Filmmakers legendary and Universal Pictures are committed to having Pacific Rim 2, the sequel to 2013's Pacific Rim, which generated more than $114 million at the global box office, be the vanguard, fully immersive experience that the franchise deserves. To this end, the decision was made to delay the production and release of Pacific Rim 2 so that the creative team can continue in its effort to exceed the amazing experience of the first film."

If anything else, the original Aug. 4, 2017 schedule has now been taken and occupied by the musical comedy film, "Pitch Perfect 3." The comedy sequel was also moved after it went head to head with a Christopher Nolan film.

A few weeks ago, the "Pacific Rim 2" title surfaced online because of the news that it was already canceled. However, director Guillermo Del Toro denied the rumors, saying, "We are still turning in some screenplay and a budget in three weeks. As far as I'm concerned, it's not gone. We're still on it."

Forbes, on the other hand, apparently thinks that "Pitch Perfect 3" is a more valuable movie to take on the earlier slot than "Pacific Rim 2". The news outlet adds that "Pitch Perfect" has achieved what "Pacific Rim" hopes to achieve in terms of sales, making it a more lucrative release. The first film of the comedy sequel, released in 2012, earned $65 million domestically and $115 million worldwide, with just a minimal budget of $17 million.

"Pacific Rim" opened in the U.S. in 2013 with a weekend gross sales of $37 million. Domestically, it made around $101 million, but with a film highly given a budget of $190 million, the numbers were quite disappointing until it went overseas and collectively earn $411 million worldwide.