G.I. Joe: Retaliation

After being taken out of the running by Paramount last summer and getting delayed due to numerous reshoots and a lengthy 3D post-conversion process, G.I. Joe: Retaliation had all the earmarks of a Dead On Arrival film that would eventually make a few bucks with franchise/ action fans and then die a quick death.  But then the film opened hard and strong this weekend which, coupled with great overseas business, means the film is already on track to rake in bigger box office totals than the original.  So, of course, Paramount immediately announced a G.I. Joe 3.

G.I. Joe: Retaliation scored a solid $51 million this weekend, as well as $80 million worldwide, which means the film has already earned back its $130 million budget.  And thanks to increased ticket prices (due to the 3D post-conversion), Variety (via /Film) notes the film is on track to earn at least $400 million total–$100 million more than its predecessor, Rise of the Cobra ($302 million).

However, as /Film notes, don’t hold your breath—following Rise of the Cobra’s success in August of 2009, Paramount announced a sequel… which didn’t appear in theaters for another four years.

What do you think of the G.I. Joe: Retaliation news?