New G.I. Joe Movie Being Actively Discussed At Paramount

2 years ago

It sounds like a new G.I. Joe movie is coming from Paramount Pictures. While it may not be happening soon, producer Lorenzo di Bonaventura has provided an update on the status of the franchise. Despite the failure of 2021’s Snake Eyes: G.I. Joe Origins, there is now movement on a new big-screen adaptation of the beloved toys from the ‘80s.

Bonaventura has been a producer of both the G.I. Joe films as well as Transformers for years. During a recent conversation with Collider, he was asked about the status of a potential new movie. As the producer explained, it appears as though they’re going to use an idea for a scrapped show as a jumping-off point.

“We actually developed a pilot with Amazon. This was before Paramount+, just as Paramount+ was coming in. It didn’t pan out. We are in a lot of conversations about what to do with it as a film, and so I would have to say, most likely you’re going to see that come to fruition. How soon is always impossible to say. For a long time, there were no active conversations. There’s a lot going on right now.”

2009’s G.I. Joe: The Rise of Cobra and 2013’s G.I. Joe: Retaliation were both reasonably successful at the box office. They made a combined $676 million globally. Despite that, a sequel to Retaliation never materialized. In 2021, Snake Eyes was released in an attempt to reboot the series after nearly a decade away. In part thanks to the pandemic, the film bombed spectacularly. It earned just $34 million worldwide against an $88 million budget. Apparently, that hasn’t stopped Paramount from thinking there is still juice left to squeeze here.

Here is the synopsis for Snake Eyes: G.I. Joe Origins.

“Snake Eyes: G.I. Joe Origins stars Henry Golding as Snake Eyes, a tenacious loner who is welcomed into an ancient Japanese clan called the Arashikage after saving the life of their heir apparent. Upon arrival in Japan, the Arashikage teach Snake Eyes the ways of the ninja warrior while also providing something he’s been longing for: a home. But, when secrets from his past are revealed, Snake Eyes’ honor and allegiance will be tested – even if that means losing the trust of those closest to him.”

The big question is if this new movie would be released in theaters. Paramount is getting ready to release Transformers: Rise of the Beasts this summer, with more films in that franchise on the way. It stands to reason that they might want to give G.I. Joe one more try if things go well on that front. Though, at this point, a streaming series or cheaper, direct-to-streaming movie might make more sense. We’ll see how they play it in the coming months.