Jon Favreau Still Not Signed to Iron Man Sequel

Jon Favreau

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.


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Jon Favreau

Marvel has announced that Iron Man 2 will hit theaters on April 30th 2010. All the stars (including Robert Downey Jr, Terrance Howard and Gwyneth Paltrow) had standard three-picture deal stipulations worked into their respective contracts, and are basically nailed down for the sequel. But what about director Jon Favreau? He didn’t even know about a sequel until Marvel announced it yesterday. And while he would love to return for a sequel, it isn’t yet a done deal.

“We’ve been speaking informally about it,” Favreau told EW. “In concept we would all love to work together again. But I found out about the announcement last night, so it’s not something that – we would definitely love to collaborate more with the sequel. There’s no formal arrangement yet, but in theory we would all love to see it happen…. There’s definitely a lot of ideas that we all have now. This type of movie is based on serialized materials, so it lends itself very easily to [many different sequel possibilities]. There’s definitely a level of enthusiasm from myself and the cast to tell more stories.”

I think most people would agree that Favreau’s participation was essential to Iron Man’s success. Heck, it’s the best reviewed comic book movie of all time, and Farveau set the perfect tone. But it sounds like there is some disagreement as to what Iron Man will do Demon in a bottlenext, and how much Marvel wants Favreau involved. In past interviews, Jon has expressed interest in tackling the Demon in a Bottle storyline which involved Stark coming face to face with his own demons (alcoholism). Not quite the family friendly direction Marvel seems to be headed.

“Demon in a Bottle is one of the very strongest story lines of the of the series, and Iron Man is not a comic book character who is known for having wonderful storylines. He’s known for having great suits, great characters, but the villains kind of get thin at times, and it’s so very dated when you look at Communism and the metaphor. Politically, much of it doesn’t hold up well. And the Mandarin is incredibly challenging in that respect. So we have challenges ahead of us. Demon in a Bottle tends to be one that, from a storytelling perspective, is compelling to all of us.

But at the end of the day, Favreau praises Marvel for green-lighting a movie based on The Avengers (due in July 2011), a franchise that Favreau consciously set-up in Iron man, instead of making a less superior third Iron Man film.

“I think it would be a very smart third film in the Iron Man series. It’s very difficult to keep these franchises from running out of gas after two [movies]. The high point seems to be the second one, judging by history: If you just look at the consensus in the reviews, you see that X-Men 2 and Spider-Man 2 are sort of seen by the fans as the sort of high point of both franchises, though I don’t necessarily agree with that. But to be able to fold it into an Avengers is something you just couldn’t do in another studio, and I think what Marvel is about is stuff you can’t do at a bigger studio. They gave me tremendous creative freedom; they gave me tremendous freedom in casting, at the end of the day. Even though there was concern, they ultimately backed a decision [to hire Downey to play Tony Stark] that I don’t think a studio would’ve, and now they’re benefiting from having that nimble creative team. And that’s, honestly, the most attractive aspect of working with them again.”

Discuss: Would you watch Iron Man 2 if Jon Farveau isn’t a part of it?

Video: Jon Favreau Tours the Iron Man Set

If you’re not yet sick of Iron Man, then check out this MySpace video of director Jon Favreau giving a tour of the set on a Segway, revealing the cave where Tony Stark built the first Iron Man suit, his private jet and more.

Because we’re all not sick of the overload of Iron Man marketing yet (oh wait…) Yahoo has published a video of Jon Favreau giving a set visit tour of Tony Stark’s house. Watch the new clip in the video player below.

Iron Man hits theaters on May 2nd 2008.

Discuss: Are you starting to feel the overload of Iron Man marketing?

Six New Iron Man Videos

New Iron Man Videos

Paramount has released a bunch of new Iron Man video clips through their Inside the Suit promotion with LG Phones. The first video is a featurette called Making The Suit, which gives you a very cool behind the scenes look at the collaboration between Stan Winston, Jon Favreau, and Marvel Comics in creating all three versions of Tony Stark’s Iron Man suit.

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The next five videos are short clips from the actual film. Enjoy.

Assembly: The Mark III Suit is Assembled

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Deploy: The U.S. Airforce goes after Iron Man

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Out of Breath: Jim Rhodes (played by Terrence Howard) talks to Tony Stark, who’s flying while talking on the cell phone out of breath.

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Interview: Christine Everhart from Vanity Fair Magazine (played by Leslie Bibb) tries to interview Tony Stark.

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Pepper’s Gift: Tony Stark forgets Pepper Potts’ (Gwyneth Paltrow) Birthday, but she still gets a tasteful gift.

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You can watch higher resolution versions of these videos on by entering pass code LG99. Iron Man hits theaters on May 2nd 2008.

Iron Man

Paramount has released a new video clip from Iron Man featuring Tony Stark’s first flight in the Mark II armor. I got the see this clip and five or so more minutes of footage at WonderCon in February, but seeing the clip in full 1080p on my MacBook Pro makes me just as excited. And I love Jon Favreau’s Battlestar Galactica-inspired in flight documentary style cinematography. You get to see this towards the end of the clip. Hopefully the in-helmet shots won’t be overused as I enjoy seeing Iron Man in action.  Check it out below and tell me what you think in the comments!

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Watch the clip in High Definition on

Discuss: What did you think of the new Iron Man clip?

New Images: Iron Man Versus Iron Monger


Rather epic new images for this summer’s Iron Man have touched down over at Yahoo that show Tony Stark facing off against the film’s main villain Iron Monger aka Obadiah Stane (played by Jeff Bridges/killer effects). Loving how the SUV above is packed with people. Click to make them all pop. I’d say about 90% of the imagery from this film so far dazzles like few comic book films before it, but there is a debate waging about how well the film will do at the box office.

Over in the comments for Peter’s interesting Video Games Vs. Movies Rant, the questionable Grand Theft Auto IV-Iron Man “showdown” is mentioned, as well as Iron Man’s status as a “b-level superhero.” All that aside, these images of Iron Monger and Iron Man launching automobiles at one another have me more stoked than the TIH trailer with The Hulk and Abomination facing off in hang time. What do you think?




Has Tony Stark met his match? With grosses expected to be as high as $360 million in its first week alone, Grand Theft Auto IV, the long, long awaited sequel to Rock Star Games‘ classic video game franchise, will no doubt out gross Jon Favreau‘s Iron Man. That is not the showdown alluded to in the headline. These two stunning pop culture goliaths will duke it out for fanboys’ dollars and attention spans at the same time, with GTA IV dropping on Xbox and PS3 worldwide on April 29th and Iron Man on May 2nd domestically, with remaining global territories set both before and after.


One has to wonder how much consideration Paramount Pictures and Marvel have and are giving this worldwide clusterf**k of awesome. Should they be worried? You guys and gals tell them in the comments. Over at GameDaily, an analyst named Mike Hickey, who works for GTA‘s distributor, Take-Two, is quoted as giving a big “Duh!” Hickey says GTA IV could be bigger than Halo 3, and we all remember Hollywood execs’ eyes watering in awe when Bungie Studios opened up the skies to rake in torrential fanboy moolah back in September…

“We anticipate the video game release of GTA IV on April 29th could dampen the potential from Iron Man‘s theatrical release on May 2nd,” said Hickey. “The domestic box office’s first week of May release schedule includes Iron Man, Made of Honor, Redbelt and Son of Rambow. The last significant video game release, Halo 3, generated over $300 million in sales from its first week in the market. Halo 3 was released on just one platform, the Xbox 360, and attached nearly 50% of the installed base.

GTA IV will be released on both the Xbox 360 and PS3, which have both significantly increased their installed bases since the release of Halo 3. A GTA IV 25% attach rate to a combined Xbox 360 and PS3 installed base at its April 29th release would imply 5.8 million units sold or roughly $360 million in retail sales the first week of the game’s release.”

With a budget around $200 million, not counting considerable marketing costs et al, Iron Man is obviously a huge investment, and thankfully everything we’ve seen and heard from the film thus far is aces. But this showdown will definitely be interesting, and perhaps even set precedent for cinema versus video game pissing matches for years to come.

Discuss: Should Paramount and Marvel be worried? Will you be holed up exploring a vast and violent GTA New York City, too busy watching and rewatching Iron Man, or (I know, it’s crazy) both?

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