Favreau starts on ‘Iron Man 2’

The LA Times is reporting that Jon Favreau has started work on ‘Iron Man 2.’Â  

“I just talked to Jon Favreau a bit ago, and he said that while there hasn’t been an formal announcement on the sequel to “Iron Man,” he’s begun developing it. “We’re working on it now,” he said, “which hasn’t been officially announced. It will be released in 2010.”

No surprise there, of course. The first film in the franchise has pulled in well over a half-billion dollars in worldwide box office and was met with strong reviews.”

Paramount &  Marvel  are looking at a April 30, 2010 release date. Robert Downey Jr., Gwyneth Paltrow, and Terrence Howard are all expected to be in the sequel.