In addition, the film based on the “Micronauts” toy line has been moved from Oct 16, 2020 to June 4, 2021.
“Snake Eyes,” the third live-action film based on the “G.I. Joe” toy line, will focus on the origins of fan-favorite character known for his masked face, black commando uniform, and ninja training. Robert Schwentke, the director of “Red” and “R.I.P.D.,” is set to direct “Snake Eyes,” for Paramount and Allspark Pictures. “Beauty and The Beast” screenwriter Evan Spiliotopoulos wrote the first draft of the screenplay.
“G.I. Joe: The Rise of Cobra” grossed more than $300 million worldwide back in 2009 on a reported production budget of $175 million, not including prints and advertising.