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Marvel Studios along with Robert Downey, Jr. approved writer/director Shane Black to direct the next Iron Man movie.  A lot of controversy has been flying around like sparks in a steelworks about the third Iron Man project since Iron Man 1 and 2 director Jon Favreau left the franchise.

Robert Downey, Jr. weighed in heavily on the decision since his contract states he gets directorial approval.  Black and Downey have a history together.  Downey starred in Black’s 2005 murder mystery “Kiss Kiss, Bang Bang.”

It is reported that Favreau begged to be let off of Iron Man 3, in order to direct Disney’s “Magic Kingdom.”  Back in December, Nuke the Fridge had a different story about Favreau’s departure.

Favreau confirmed this through his Twitter account.  This is what he had to say:

“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.”

There are two camps of thought and contention here.  Favreau claims Marvel Studios and Disney are adding characters and taking the franchise into a different direction, which he claims will make the story unclear.  He tweeted:

“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.”

On the other hand, the studio is trying to cut back on funds and save any added expenses.  It is speculated that Favreau’s directorial price could reach upwards of $15 million for the next Iron Man, plus 15% of the total gross.  By hiring a new director money could be saved.

On a different note, Favreau did have a role in the “Iron Man” and “Iron Man 2” films.  He played the part of Stark’s bodyguard and assistant, Happy Hogan.  It will be interesting to see if he reprises his role for the next film.

“Iron Man 3” is due out in theaters on May 3rd 2013.