×

Paramount Brews More ‘Joe’

Stellar global bow for 'Retaliation' spurs plans for 3D three-quel

Yo Joe! Say hello to a three-quel!

The muscular $132 million global bow for “G.I. Joe: Retaliation” has spurred Paramount to move forward with plans for a third installment in the Hasbro franchise, sources confirmed Sunday morning.

The seemingly snappy decision to make a third “Joe” isn’t surprising considering Par has had ample time to think it over; the first film, “Rise of Cobra,” bowed in 2009. “Retaliation” also was delayed nine months for re-shoots and the 3D conversion.

“Retaliation,” which is an MGM-Skydance co-production, cost less ($130 million) than “Cobra,” which rang in at $175 million.

“Retaliation” outdid its predecessor by 35% globally, thanks in no small part to the 3D upcharge. If “Retaliation” continues to keep that same lead (and it could), the film will land in the ballpark of $410 million worldwide. “Cobra” grossed $303 million globally.

One thing is for certain, however: “G.I. Joe 3” will most definitely be in 3D.

Popular on Variety

More Film

  • Love is the Monster

    Neto Villalobos’ ‘Love is the Monster’ Heads to San Sebastian Co-Pro Forum (EXCLUSIVE)

    Chilean director Ernesto “Neto” Villalobos’ third feature, “Love is the Monster,” will participate in September’s San Sebastian Europe-Latin America Co-Production Forum. Having found festival success with his first two features, “All About the Feathers” and “Helmet Heads,” both drama-comedies, Villalobos will head in a different direction with “Love is the Monster,” a psychological thriller co-written [...]

  • Pinewood Atlanta Studios

    Pinewood Group to Exit Atlanta Studios Joint Venture

    The Pinewood Group is pulling out of its Atlanta facility as it refocuses its international strategy. The group announced Wednesday that it has sold its equity in Pinewood Atlanta Studios to the Cathy family’s River’s Rock, its joint venture partner in the facility. The joint venture was set up in 2013 with Pinewood Atlanta Studios [...]

  • El Principe

    Storyboard Swoops on Seven Titles for 2020 Chilean Distribution (EXCLUSIVE)

    Key Chilean independent production-distribution company Storyboard Media has announced a knock-your-socks-off slate of seven domestic features, in varying degrees of completion, to be released in Chile across 2020. Bound for Venice’s Critics’ Week, Sebastián Muñoz’s “The Prince” was a hit at last year’s works in progress section at the San Sebastian Film Festival and will [...]

  • Banijay Rights Signs First Look Deal

    Banijay Rights Signs First Look Deal with Tigerlily Prods.

    Seeking to expand its scripted offering, Banijay Rights has signed a first look development deal with Tigerlily Productions, a U.K. production company whose credits include David Farr’s “The Ones Below” and “Remainder” with Tom Sturridge. The deal covers scripted programming developed, created and produced by Tigerlily for the U.K. and international markets. Tigerlily Productions, which [...]

  • Blanco-en-Blanco

    Stray Dogs Picks Up Int’l Sales Rights to Venice-bound ‘Blanco en Blanco’ (EXCLUSIVE)

    SANTIAGO, Chile – In the run-up to the upcoming 76th Venice Int’l Film Festival, Paris-based Stray Dogs has closed international sales rights on Chilean drama “Blanco en Blanco,” which holds its world premiere in the festival’s Horizons sidebar. Filmed last year in the frigid tundra of Chile’s Tierra de Fuego and Spain’s tropical Canary Islands, [...]

  • Gerard Butler Angel Has Fallen

    Film Review: 'Angel Has Fallen'

    “Angel Has Fallen” marks the third time that Gerard Butler, as the Secret Service agent and scowling samurai cowboy Mike Banning, has had to rescue the President of the United States from an international conspiracy so cuckoo bananas that the movie barely expects you to believe it. (Actually, in the six years since this series [...]

  • Jessica

    Ninja Thyberg's Female POV Porn Industry Portrait Seduces Buyers (EXCLUSIVE)

    HAUGESUND, Norway  —  Paris-based Versatile has announced a raft of pre-sales on Ninja Thyberg’s debut feature “Jessica,” set in the adult entertainment industry in L.A. World distributors that have pre-bought the Swedish drama take in Weltkino for Germany/Austria, Xenix for Switzerland, MK2/Mile End for Canada, KTH for South Korea and Movie Could for Taïwan. Several [...]

More From Our Brands

Access exclusive content