Cineverse has acquired Guillermo del Toro’s 3x Oscar winning movie, Pan’s Labyrinth, ahead of the movie’s 20th Anniversary in 2026 with plans to re-release the dark fantasy title in theaters.
Pan’s Labyrinth takes place in 1944, in the aftermath of the Spanish Civil War. Young Ofelia and her pregnant mother have been brought to live in the countryside, where her brutal stepfather Captain Vidal’s job is to wipe out the remaining rebels camped in the local forest. Nearby, in a hidden labyrinth, Ofelia meets an ageless Faun, who tells her that she is really a princess from an enchanted world. He gives her three tasks which she must complete in order to reclaim her rightful place. As her mother’s failing health threatens the life of her unborn child, Ofelia undertakes a quest to complete the Faun’s tasks.
Del Toro wrote and directed Pan’s Labyrinth, which was produced by his company, Tequila Gang. The pic stars Ivana Baquero, Maribel Verdu (Y tu mama tambien), Doug Jones (Hellboy II), and Sergi Lopez (Dirty Pretty Things).
Cineverse’s deal includes all North American distribution rights including home entertainment, VOD, streaming, plus original content including podcasts. Cineverse is also planning to release the movie in premium wide-format screens.
Pan’s Labyrinth world premiered at the 2006 Cannes Film Festival where it received a reported 22-minute standing ovation; the longest in the fest’s history. Released by Picturehouse stateside, the Spanish-language movie went on to gross $37.6M at the domestic box office and $87M worldwide. Pan’s Labyrinth was nominated for six categories at the 79th Academy Awards (2007) and took home three Oscar wins for Cinematography, Art Direction and Makeup. Across all awards, the film has received 106 wins from 115 nominations. The movie stands at 95% certified fresh with critics on Rotten Tomatoes along with a 91% audience score.
Del Toro said, “Pan’s Labyrinth turns 20 years old and in Cineverse we have found the perfect partner to make it live again on the big screen and in new and improved home presentations. Cineverse is committed and bold, and their track record for reaching a maximum audience is magnificent. Together we will reconnect the generations that have shared the film through the years and long to experience it theatrically again.”
“Partnering with Guillermo del Toro and his team around this masterpiece is a dream come true,” said Cineverse Chief Motion Pictures Officer Yolanda Macias. “We can’t wait to bring it back to theaters for fans to enjoy it as they did 20 years ago, and to find exciting and creative ways to introduce the film to new audiences who will be discovering this amazing cinematic story for the first time.”
Added Cineverse Chairman and CEO Chris McGurk, “Guillermo del Toro is a filming genius. I have always been in awe of his creative vision and could not be more pleased to have Cineverse partnering with him to bring Pan’s Labyrinth back to film audiences in new premium theatrical formats to celebrate the film’s 20th anniversary.”
The deal was negotiated by Macias and Gary Loffredo on behalf of Cineverse with Robert Newman (WME), Gary Ungar (Exile Entertainment) and George Hayum (Hirsch, Wallerstein, Hayum, Matlof and Fishman) representing del Toro.
Cineverse Motion Pictures Group was behind the fall 2024 horror box office hit, Terrifier 3, which opened to $18.9M and legged out to $53.9M domestic, $90.3M worldwide off a $2M production cost. Cineverse also had the August release of The Toxic Avenger. Up next is Silent Night, Deadly Night (Dec. 12) and Return to Silent Hill (January 23, 2026). Also on Cineverse’s slate is Wolf Creek: Legacy and the company’s first kids and family theatrical release, Air Bud Returns.
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