‘Iron Man 3′ Begins Production; Secures Increased Budget

Published 2 years ago by , Updated May 3rd, 2014 at 7:40 am,

iron man 3 starts production budget Iron Man 3 Begins Production; Secures Increased Budget

Even as the massive critical and financial success of The Avengers has us looking back at the history of Marvel’s shared movie universe, the studio has its gaze fixed firmly on the future – beginning with Iron Man 3.

Principal photography on the Iron Man threequel has reportedly gotten underway at the sound stages in Wilmington, North Carolina. As many reading this article are already well-aware: seasoned action filmmaker Shane Black (Lethal Weapon, Kiss Kiss Bang Bang) is calling the shots.

This announcement comes courtesy of Latino Review, which is also the same site responsible for breaking the news about the storyline for Iron Man 3 being heavily influenced by Warren Ellis’ “Extremis” comic book mini-series. That scoop has since been all but officially confirmed.

As Screen Rant has continuously reported over the past two months: the third Iron Man film looks to pit Tony Stark (Robert Downey Jr.) against a nanotechnology virus unleashed upon the world by a sociopathic geneticist (Guy Pearce). Said tech apparently gives rise to a vicious cyborg (James Badge Dale), who is thought to be the mere puppet of a craftier, more intellectual terrorist (Ben Kingsley). The latter character is also heavily speculated as being iconic Iron Man villain The Mandarin in spirit, if not also in name.

Aiding Tony on his latest venture is his ever-loyal assistant/girlfriend Pepper Potts (Gwyneth Paltrow), along with a fellow scientist (Andy Lau) and Tony’s old colleague/former love interest (Rebecca Hall).

Iron Man Battles Chitauri Leviathan in The Avengers Iron Man 3 Begins Production; Secures Increased Budget

Iron Man Battles a Chitauri Leviathan in 'The Avengers'

Furthermore, Latino Review is also claiming that Iron Man 3‘s budget has been bumped up from $140 million (similar to that of Thor and Captain America) to $200 million (on a par with Iron Man 2). The logic behind the inflated cost is simple: now that Avengers has grossed more than $1 billion worldwide and picked up lots of critical accolades, Marvel wants Black to deliver not only “a better Iron Man movie but THE BEST Marvel movie, hands down.”

Armed with a terrific cast and (in this writer’s opinion) perhaps the most engaging storyline for an Iron Man movie to date, Black seems positioned to meet Marvel’s challenge head-on. While the writer/director is a newcomer to big-budget, effects-heavy fare, a similar challenge didn’t deter Joss Whedon, whose background was primarily in television prior to The Avengers (save for the $39 million Serenity). Black not only has more experience with big-screen fare – he’s also proven himself to be a killer screenwriter (like Whedon).

That’s all to say: as tough an act as The Avengers is to follow, Iron Man 3 is in a good position to keep Marvel’s win streak alive.

Iron Man 3 hits theaters in the U.S. on May 3rd, 2013.

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Source: Latino Review

TAGS: iron man, iron man 3, the avengers

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  1. If they stick to only one story line and let Shane Black do his job, this may even make up for Iron Man 2 (let’s hope Disney /Marvel realise the audience aren’t just kids)

  2. That’s all to say: as tough an act as The Avengers is to follow, Iron Man 3 is in a good position to keep Marvel’s win streak alive.

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  3. IM1 is always gonna be really hard to top. I mean, am I the only one who got all “school girl giddy” when Iron Man stepped out of the cave with Sabbath playing? That could have been the whole movie! Over in 30 mins!…but that excitement I got from that one part of the flick was worth the price of admission.

    • Every time I re-watch the movie and Stark says “I am Iron Man” and the screen cuts to the credits and Sabbath’s ‘Iron Man’… I still get chills :D
      It’s one of the best movie’s I’ve ever seen, and I doubt IM3 will be able to top it.

      • I wholeheartedly agree. It’s going to be tough to top the first Iron Man film, but as long as this is better than the 2nd Iron Man film (which I didn’t think was all THAT bad), than this will be a fun movie. The first film, IMO, was nearly perfect. I just wish the main fight at the end was a little more epic. And, how could they NOT use the classic Sabbath “Iron Man” song in a movie named IRON MAN?!

  4. Keep your standards for this movie low and it won’t disappoint you. Iron Man 1 was a classic instantly, yes. Iron man 2 wasn’t as good COMPARED to the first but still one of the better comic book movies. Favreau just lost his steam at the wrong time. Iron man 3 has the potential to best the first and possibly, POSSIBLY, the Avengers. (As lone as ben kingsley is the mandarin. If I remember correctly, the mandarin was associated with a scientist in the comic. The whole thing sets up all too similar. Oh well, yet another year to wait and next summer will be dominated yet again by Tony stark and the boys.

  5. @Noah
    “Oh well, yet another year to wait and next summer will be dominated yet again by Tony stark and the boys.”

    I wouldn’t have it any other way!! The countdown has begun…

  6. IF TONY STARK WANTS HE CAN CREATE A NEW PLANET WITH HIS KNOWLEDGE… AND IF THE HULK WANTS HE CAN DESTROY A PLANET WITH HIS RAGE!!!

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