G.I. Joe sequel in the works

Paramount Studios' vice chairman Rob Moore has told the LA Times that a sequel to G.I. Joe: The Rise of Cobra is about to go into development.

The cast have all inked deals that require them to appear in the next film, though director Stephen Sommers, who previously was able to launch The Mummy as a franchise, has no such provision in his contract.

No word yet on what the premise of the sequel will be. But as the first movie deals with the rise of Cobra, the organization that stood in opposition to the Joes in both the wildly popular animated show of the 1980s and the related comic book series, there are plenty of possibilities.

G.I. Joe: The Rise of Cobra raked in approximately $100 million dollars worldwide over its opening weekend, even though it has yet to open in other key foreign markets, like Germany and Italy.

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