Previous reports confirmed that production won't officially begin shooting until early 2009 on Iron Man 2 but director Jon Favreau is getting started early.
The Los Angeles Times talked to Favreau, who says they have started working on the sequel:
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.”The original film was made for $140 million but ended up bringing in over $570 million in international ticket sales. Justin Theroux (Tropic Thunder) is writing the script and in addition to Robert Downey Jr., the first film's co-stars Gwyneth Paltrow and Terrence Howard are expected to return as well. The new movie is scheduled to hit theaters on April 30th, 2010.
