After Sam Raimi, Terrence Howard, and Edward Norton had their untimely and somewhat unpleasant severance of ties with Marvel, it looks like this time, it's Jon Favreau who is having an untimely divorce from Marvel, with his announcement that he will not be directing IRON MAN 3.
When Favreau did the first IRON MAN movie, he was pretty much in high spirits, he loved the Iron Man comics, and the excellent movie he made was an evidence of how much he loved it. Part 2 was, well, okay. Fun when I first watched it, but taking a step back and taking a while to let the hype cool down, many of us realized that it was just a little bit above satisfactory. Regardless of which, we would have thought that Favreau would continue his run on this series for up until at least the third movie. But it looks like its not gonna be that way.
According to various reliable sources, Favreau has just informed Marvel Studios that he won't direct a third Iron Man film. It's unclear whether the impasse was financial or creative or both. One informed source hears that he was frustrated with Marvel's urge to stuff more of their in-house heroes into the next film in the wake of The Avengers. In a recent interview with MTV News, Favreau explained that based on his conversations with Marvel Studios executives, he had no clarity as to what a third Iron Man film would even be about. “In theory, Iron Man 3 is going to be a sequel or continuation of Thor, Hulk, Captain America and Avengers,” said Favreau at the time, “This whole world … I have no idea what it is. I don’t think they do either, from conversations I’ve had with those guys.”
Favreau's next project will be the studio's Magic Kingdom, about a family trapped in Disneyland and their magical encounters with all sorts of Disney attractions and rides. Marvel currently has no script for a third Iron Man, and while it has no plans to shoot the film until 2012 at the earliest, Marvel execs hope to put a director on the project to guide its development as soon as possible.
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