Jon Favreau released the big news that he will not be directing Iron Man 3 via his Twitter page. "It's true, I'm directing Magic Kingdom, not Iron Man 3," Favreau confirmed with a tweet. "I've had a great run with Marvel and wish them the best."
Jon Favreau was tight-lipped during a recent chat with MTV News, hinting that he really didn't know what angle Iron Man 3 would take, mostly because of The Avengers film and the other solo flicks focusing on the superhero group slated to take place in the future.
"In theory, Iron Man 3 is going to be a sequel or continuation of Thor, Hulk, Captain America and Avengers," Favreau explained to MTV News. "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."
Thor and Captain America: The First Avenger are both on tap to hit theaters next year and The Avengers will follow in 2012. Iron Man 3 will be released in 2013 with Robert Downey Jr. reprising the lead role.
Jon Favreau will be a busy man even without Iron Man 3. His film Cowboys & Aliens hits theaters in July.
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