Third GI Joe Film In The Works

Variety brings us the following:

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 the 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.