Don’t expect a new Toho Godzilla film any time soon.

With Legendary knee deep in their “MonsterVerse” and Toho recently releasing Shin Godzilla, you may be wondering what’s going on with the rights to the Godzilla character.

As it turns out, Legendary inked a multi-year deal with Toho that will allow them to make upcoming films Godzilla: King of the Monsters and Godzilla vs. Kong… but that’s only one end of the deal.

Shin Godzilla co-director Shinji Higuchi made crystal clear sense of the deal during his Q&A at G-Fest XXIV over the weekend, bumming out the entire crowd when he revealed that the parntership with Legendary means that Toho can’t make another Godzilla film until AFTER 2020.

“A lot of people have questions. ‘When is the next Japanese Godzilla movie coming out?’ They cannot make it until after 2020,” Higuchi told the G-Fest audience.

In other words, Toho has to wait until Legendary finishes Godzilla vs. Kong (set for a 2020 release) before they can begin work on either a Shin Godzilla sequel or any film featuring Godzilla. At this time, we have no idea what plans will be post-2020, but Higuchi did note that he’d gladly direct another Godzilla movie if asked.

Meanwhile, Shin Godzilla is headed to Stateside home video on August 1st.

Jump forward to the 12:00 mark for the full story behind the deal, which led to Shin Godzilla being rushed into production so as not to clash with Legendary’s projects.