Yesterday afternoon, the surprise news broke that Jon Favreau would not be directing Iron Man 3. Speculation about financial and creative reasons causing the departure aside, it was a shock to fans and possibly a blow to Marvel Studios, who owe their accelerated success thanks to his work on Iron Man and establishing the Marvel cinematic universe.

As we know already, Favreau will still be working with Marvel parent company, Disney Studios, on Magic Kingdom and he’s still in a producer role on The Avengers. But what fans really want to know is why he’s not sticking around to close the Iron Man trilogy. Fortunately, Favs was quick to explain himself, continuing his tradition of openness to the fans and public.

Favreau revealed his reasons to Hero Complex a few hours ago, explaining that he wishes to work on something new and different, projects that don’t come with preconceived expectations and ones that he can “blow people away” with.

On Twitter he confirmed that he had dropped out of the director’s chair on Iron Man 3 so he can focus on Magic Kingdom and he described what the project and Disney mean to him with Hero Complex:

“Between the theme parks and the movies, the Disney iconography was probably the first set of archetypes that I was exposed to… Walt was able to expose me as a child to the full array of emotions, including fear and sorrow. Those movies and attractions haunted my dreams and made a deep impression on me as a child. When I first heard about the [‘Magic Kingdom’ film] project, I was on my way to visit Disneyland with my family. I took notes and had no problem filling a book with all the ideas that this concept offered, even on first blush. Since then, I was lucky enough to be given a tour of Imagineering by Tony Baxter, who knows just about everything there is to know about Disneyland. He pulled original concept art from the archives for me and exposed me to Walt’s original vision.”

As for Marvel Studios and his feelings on the franchise and President Kevin Feige:

“Marvel and I both came of age together… The years that we shared were a pivotal experience. Kevin has a firm grasp on the many franchises and how they all interweave and I am happy that I had the opportunity to establish the world that these characters can now play in…. ‘Iron Man’ has given me tremendous opportunities and Kevin and I are enjoying a lot of momentum in our careers thanks to the ‘Iron Man’ films. I look forward to seeing what others can do playing in the same world.”

He’s certainly right about Iron Man helping solidify his Hollywood status and opening up opportunities. He’s currently in post production on Cowboys & Aliens, the star-studded, big budget summer blockbuster by Universal Pictures and after that, he gets to work on bringing his expertise to Disney’s Magic Kingdom which we can only hope, shares in the same fun and entertaining spirit of his Christmas hit, Elf.

For Iron Man fans, a new captain to helm the ship may be a good thing for the franchise with the sequel not meeting expectations and causing some sorry about The Avengers. Marvel is already on the hunt for Favreau’s replacement so stay tuned for news on that front. Be sure to read Jon Favreau’s plans and inspiration for Magic Kingdom.

Share your thoughts in the comments and with us on Twitter @rob_keyes and @screenrant.

Source: Hero Complex