Director Jon Favreau gave this update on his Iron Man film:
“We've got two(2!) sets of writers typing away on scenes and outlines. We've got a room full of storyboard illustrators and concept artists. The story has been fully broken. The villain has been selected and the train has left the station. I expect a rough first draft in the next several weeks, though the sequences are being hammered out visually as we speak. I won’t reveal any further details on the plot or villains at this time. Marvel likes to trickle this type of info out slowly, as you can understand, and we are a full two years away from release. I did, however, convince them to share some interesting stuff some time in, oh, I don't know, July?”