Jon M. Chu Returning for ‘G.I. Joe 3′

Jon M Chu

Director Jon M. Chu was kind of a surprising pick for G.I. Joe: Retaliation back in the day. Sure, he’d had some experience shooting action, but mostly of the dancing variety, in films like Step Up 2: The Streets, Step Up 3D, Justin Bieber: Never Say Never. Not so much the military battle kind.

Now that Retaliation‘s managed to rake in $365 million worldwide, though, Chu’s become the obvious choice to helm the follow-up. And indeed, a new report indicates that Paramount and MGM are nearing a deal with him. Hit the jump to get the details.

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Hasbro Denies Disney Acquisition Rumors

Disney already owns Pixar, Marvel, and Lucasfilm, so when a rumor circulated Monday that the studio was looking to acquire Hasbro, it had a ring of believability to it. So much so, in fact, that the whispers gave the toy company’s stock a bit of a spike on Tuesday. But don’t count on seeing Optimus Prime don mouse ears anytime soon. According to sources at Hasbro, there’s no truth to the talk. More details after the jump.

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In the latest chapter of “Disney Owns Everything,” rumor has it the company is in talks to acquire Hasbro, the world’s largest toy and game company. Hasbro brings with it a significant amount of licences in addition to the lucrative merchandising, such as Transformers, G.I. Joe, Monopoly, Magic The Gathering, Dungeons and Dragons, Tonka, Nerf, Clue, Candyland, My Little Pony and almost everything you can imagine.

According to MTV, who first reported the news, “serious discussions are happening at the highest levels” between the two companies. Not to mention, Hasbro already has a relationship with Disney, developing toys and games based on several of their properties (Pixar, Star Wars, Marvel etc.) and has a long standing, albeit it rocky, relationship with Hollywood (Transformers, Battleship, etc.). Read more after the jump.

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Earlier this week, the news broke that Hasbro is (still) developing movies based on Monopoly, Action Man and Hungry Hungry Hippos. The first two made lots of (or at least some) sense. The latter? Not so much. How do you make a movie about a bunch of hippos that are just constantly eating? You do it pretty much like you do a movie about pegs on a board. Amp up the action to the max and let the eye-rolling begin.

Film School Rejects has created a hilarious fake trailer for Hungry Hungry Hippos the movie and, you’d have to expect, the movie isn’t going to be much different. Check it out below. Read More »

Details are sparse but Hasbro has once again passed “Go” and collected way more than $200. Over the past few years, the toy and game company’s relationship with Hollywood had kind of soured, resulting in Universal severing ties with the company and their properties. Still confident there’s something there though, Hasbro has now signed a deal with the production company Emmett/Furla, which recently produced End of Watch, to develop three movies in the next two years based on Monopoly, Hungry Hungry Hippos and Action Man. They hope to have Monopoly in front of cameras as early as next year. Read more after the jump. Read More »

Artists Dave Perillo and Tom Whalen are big fans of ’80s pop culture. We know this not only because it’s the theme of their current Los Angeles art show, but also because they’ve each tackled one of the most popular properties of the decade exclusively for New York Comic-Con. Whalen has done two posters for Transformers (Autobots and Decepticons) and Perillo has done two for G.I. Joe (Joe and Cobra), all officially licensed by Hasbro. The Acid Free Gallery will be selling them at the convention, taking place October 11-14. See the full images below. Read More »

Over the past five years, we’ve seen Hollywood try to develop films around pretty much every brand-name toy they could get their hands on — only to have many of those projects postponed, slashed, or even scrapped altogether. Through it all, however, the franchise that actually started the toy movie craze has remained strong. In fact, the third and most recent entry of the Transformers franchise proved to be the most lucrative yet, raking in an impressive $1.1 billion worldwide.

But the point of the Transformers movies were never just to line studio execs’ pockets or turn Shia LaBeouf into a household name. As you can guess from Hasbro’s active involvement, the idea was also to sell a lot of toys. And on that front, apparently, the last film’s performance was disappointing. So Hasbro’s trying a little something different with Transformers 4, bringing in a whole new cast of robot characters. More details after the jump.

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Hollywood seems really into turning board games into movies at the moment, but inspiration apparently works the other way as well. Paramount and Hasbro have just announced a special The Godfather Collector’s Edition version of Monopoly, in celebration of the cinematic classic’s 40th anniversary.

While an R-rated gangster flick and a game you played as a kid may not sound like a match made in heaven, it makes an odd sort of sense. After all, Monopoly is all about gaining as much wealth and power as possible while ruthlessly tearing down your rivals — and who’s better at that than the Corleones? More details after the jump.

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