At some point, perhaps. They don't seem to have much faith in it right now, or else we'd have heard something more concrete out of it.
I enjoyed the second one much more (hated the first one for the most part, save for the overall Cobra plot that got Zartan into the White House...) but it was still a very weak film.
The way the movie industry works is that if a film makes back its cost to produce in domestic gross over the opening weekend its considered a success. GI Joe 3 was greenlit the weekend after the second one debuted.
G.I. JOE 3 Greenlit by Paramount; Producer Lorenzo Di Bonaventura Talks His Ideas for Sequel | Collider
Only people who dont know Joe from a foxhole liked it, the general moviegoing public just there for the latest blockbuster on date night. I felt that the Battleship movie was much closer to the spirit of GI Joe. The reason the first movie sucked is because they decided to go ahead and start up a film franchise right in the middle of a screenwriters guild strike. The strike was mainly over the fact that reality shows are scripted pablum and that in order to hide that fact the writers werent being credited on shows. No credit in the titles means less or no union representation. The script used for the first film was actually a rejected script from a different movie pitch. They just changed the names of the characters and they couldnt get writers guild writers to help with re-writes. The director, that guy who did The Mummy films somehow didnt hear of or know about Joe as a kid, not sure how thats possible, but oh well. He re-wrote the reject script. Thats why the BaroNESS (as they pronounced it, to avoid lawsuits,) was sleeping with Storm Shadow, Cobra Commander, Destro AND Duke. All but three of the actors refused to come back for part two because of the critically cold reception and poor merch sales pronounced it a failure even though it made its cost back in box office receipts. Thats why they all died offscreen in the start of part 2.
I hated how they said BaroNESS. In the 1970s lawsuit Mego vs Lego the judge rules that pronounciation did not matter. Mego tried to argue that it was pronounced me-go instead of may-go and therefore didnt rhyme with Lego.
Bruce Willis calling Lady Jaye Brenda makes no sense and isnt funny. It only would be funny if it had some origin or meaning. I think she was supposed to be Coltons daughter and that subplot was cut out.
