Jon Favreau will not direct Iron Man 3, he announced on Twitter.
"It's true, I'm directing Magic Kingdom, not Iron Man 3," Favreau wrote Tuesday. "I've had a great run with Marvel and wish them the best."
Favreau recently told MTV News that he wasn't sure what Iron Man 3 would be about, especially with The Avengers and separate films for the superhero team members on tap in the next few years.
Watch clips from Iron Man 2
"In theory, Iron Man 3
is going to be a sequel or continuation of Thor
, Captain America
," he told 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."
Get the rest of today's news Thor
and Captain America: The First Avenger
are both scheduled for release next year, with The Avengers
following in 2012 and Iron Man 3
in 2013. Robert Downey Jr.
is attached to return in Iron Man 3
and to star in The Avengers
VIDEO: Check out the Thor trailer
Favreau, whose next film Cowboys & Aliens
hits theaters in July, signed on to Magic Kingdom
— a fantasy that explores after-hours life at Disneyland — earlier this month.Iron Man
and Iron Man 2
have combined to gross nearly $700 million domestically. The sequel kicked off the summer movie season in May with a bang, pulling in more than $128 million in its first weekend for the highest opening thus far in 2010. Who do you think should replace Favreau?