Jon Favreau has confirmed that he will not be directing Iron Man 3. The helmer of the first two highly successful Iron Man films responded to a number of Web stories with the following post on Twitter: “It’s true, I’m directing Magic Kingdom, not Iron Man 3. I had a great run with Marvel and wish them the best.” New York Magazine’s Vulture blog broke the news citing both confusion about the storyline for Iron Man 3 and the high cost of bringing Favreau back for a third film with Old Shellhead as possible reasons why Favreau was ankling the project. According to Vulture Favreau received $10 million for IM2 and would likely get between $12 and $15 million for IM3 along with gross profit participation. With star Downey, Jr. already getting a substantial cut of the gross, the price of bringing Favreau back might well have just been too high.
Friday, December 24, 2010
There’s No “John” In Iron Man
Jon Favreau has confirmed that he will not be directing Iron Man 3. The helmer of the first two highly successful Iron Man films responded to a number of Web stories with the following post on Twitter: “It’s true, I’m directing Magic Kingdom, not Iron Man 3. I had a great run with Marvel and wish them the best.” New York Magazine’s Vulture blog broke the news citing both confusion about the storyline for Iron Man 3 and the high cost of bringing Favreau back for a third film with Old Shellhead as possible reasons why Favreau was ankling the project. According to Vulture Favreau received $10 million for IM2 and would likely get between $12 and $15 million for IM3 along with gross profit participation. With star Downey, Jr. already getting a substantial cut of the gross, the price of bringing Favreau back might well have just been too high.
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