American actor-director Jon Favreau has announced his withdrawal from the Iron Man franchise to focus on directing the Magic Kingdom, which will be shot in the famous Disney theme park.
"Marvel and I both came of age together," Favreau said in an interview with the Los Angeles Times. "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."
However, this is not a definitive break with Marvel Studios, as the director remains a producer for The Avengers, due out May 4, 2012. He may even remain as executive producer on Iron Man 3 and resume his supporting role as Happy Hogan, Tony Stark’s (Robert Downey Jr.) chauffeur.
Favreau confirmed the news with a tweet today: “It’s true, I’m directing Magic Kingdom, not Iron Man 3. I’ve had a great run with Marvel and wish them the best."
For now, Jon Favreau is busy directing Cowboys and Aliens starring Daniel Craig, Harrison Ford and Olivia Wilde due out July 29, 2011.