As of Tuesday morning, Jon Favreau is still unsigned for a Iron Man sequel.
“They haven’t offered me anything yet,” Favreau told Howard Stern. “They’re all talking - they want to do it, they even announced a date.”
After much harassment from Stern, Favreau revealed that he made $4 million for the first film and has a NET profit deal which would give him a very small percentage of the money once the film begins to turn a profit. But Farveau says he won’t see any money of that Net profit money for years, if at all. Jon claims that while Elf cost only $32 million to film, and made over $125 million at the box office, the film technically still hasn’t made a profit yet. That’s shady Hollywood accounting for you. Favreau estimated that Iron Man was probably made for around $140 million. And while all the stars of the first film are signed to three films, Farveau admits that doesn’t necessarily mean they have to come back.
“They’re all signed for three but it doesn’t work that way. That all goes out the window when you make $100 million dollars,” said Favreau. “Because people want to have a good relationship with the people they are working with, and if they’re making that kind of money, it’s an understanding that they’re going to negotiate.”
Favreau also confirmed that if he were signed on for a sequel, he is interested in taking on the infamous Demonl in a Bottle storyline.
May 14th, 2008 at 11:31 pm
WHAT!?!?!?
Marvel is stupid and they have NO IDEA what they’re doing.
Honestly, Jon Farveau was the reason I paid to see Iron Man,
That will be the same for Iron Man 2,3,4,5,6,7,8 etc.
May 14th, 2008 at 11:46 pm
Favreau has to do the sequel. Without him it would feel like banging your wife’s sister. Sure it might be good sex, but which one are you going to take to see Iron Man 2? See, it’s these questions that I don’t want to have to ask myself.
Seriously, they better sign him or it won’t be right. Not just ethically, but the film franchise would suffer from the differing visions (i.e. X-Men).
May 14th, 2008 at 11:46 pm
I don’t understand the logic of elf making 125 and costing 30 but still not making a profit. Why is that, Peter?
May 14th, 2008 at 11:49 pm
SUe, I don’t quite understand hollywood accounting either, google the Peter JAckson/New Line situation for an even worse example of this
May 14th, 2008 at 11:51 pm
@Sue.
Please read about the Peter Jackson VS New Line feud for a better understanding of Hollywood “profit making”.
May 14th, 2008 at 11:55 pm
Ahem…its “Demon in a Bottle”.
May 15th, 2008 at 12:03 am
Can someone explain why Elf has made any money? Are they including the actors salary, marketing cost etc?
(Let me google this Peter Jackson VS New Line feud and see what I learn)
May 15th, 2008 at 12:16 am
i just hope on BOTH sides - favreau & marvel - that greed does not come into play. gotta remember guys, that it’s milionaires fighting with millionaires over more millions.
i love fav/marvel/ironman/rdj/etc, but it’s a little hard for me to pity/get angry/take sides while our school teachers make around 40 thou per yr…
May 15th, 2008 at 12:17 am
Maybe they want him to make the Avengers movie?
May 15th, 2008 at 12:19 am
Oh, and teachers where I live start out at $23k/yr. Disgrace ain’t it?
May 15th, 2008 at 5:23 am
OK- WHERE IS HE GOING?????? This is all he has at this time. he;s not goling anywhere. He may get fatter though. His decision to put Jim Cramer in the film was poor. Cramer is a castrated woman.
May 15th, 2008 at 6:00 am
Can you please at least credit “The Howard Stern Show” for the interview source? Howard always gets good stuff from his guests but never seems to get the credit.
May 15th, 2008 at 6:47 am
Well what is sad is how Cops here in NYC make 26K starting. How crazy is that!!!
May 15th, 2008 at 11:09 am
Its all down hill from here?
Classic case of Blockbuster syndrome.
(IMO).
Its sometimes a bad thing when films break 150 mil the first 2 weeks.
I’ve said this before, getting Downey to stick around will be a challenge.
May 15th, 2008 at 11:40 am
This article from EW has the best description that I can find.
http://www.ew.com/ew/article/0,,20036782_20037403_20142132,00.html
May 15th, 2008 at 11:48 am
I agree, this was all lifted straight from the HOWARD STERN SHOW the other day and there is not one mention that this came from his show. Peter Sciretta better at least give credit to his show since thats where he got all of his information. I am sure this has to violate some sort of copyright since you are making money off your website and using content from other shows without crediting them.
May 15th, 2008 at 12:15 pm
There is a mention of the Howard Stern Show in the first quote.