Robert Downey Jr. certainly knows what he’s doing, that’s pretty clear this morning. The Hollywood Reporter announced this morning that the 47-year-old actor stands to earn $50 million from ‘The Avengers’. $50 million!!!

The actor negotiated a new contract back in 2008, after the first ‘Iron Man’ movie earned $585 million at the box office. His new contract stated that he would receive a portion of Marvel’s revenue from any future film where he plays Tony Stark.

His deal alone puts him light years above his costars. Chris Hemsworth, Chris Evans, Jeremy Renner and Mark Ruffalo each earned about $2 million – $3 million for the film.

Marvel has a history of cutting sharp deals. Terrence Howard, who starred with Downey Jr. in the first “Iron Man” film, was reportedly faced with a 50 to 80 percent pay cut for the sequel after the studio learned director Jon Favreau planned to limit his role. Howard’s agents smarted, and though it’s unknown if he walked out or if Marvel decided to go a different direction, Don Cheadle replaced Howard for the sequel.

“The Avengers” continues to smash through box office records and recently surpassed the $1 billion mark in global earnings, so the $50 million payout is unlikely to put a big dent in Marvel’s balance sheet. The film is currently making “Avatar”-type money, a big relief to Disney, which bought Marvel and desperately needed a hit after the crippling loss it suffered on “John Carter.”

Good for Robert, that’s all I have to say. If a movie is going to make over $1 billion in the box office, then the actors should see some of that!

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Robert Downey Jr. and his wife Susan are the proud parents of their first son, Exton Elias Downey. He was born just eight weeks ago, and now we’re getting our first look at the little guy!

Robert, how already has an 18-year-old son named Indio, is out promoting his new movie ‘The Avengers’. Last night he stopped by the Tonight Show with Jay Leno, and ended up showing off the first photos of his son.

Very cute!

Robert’s about to get very busy. As soon as promotions wrap up for ‘The Avengers’, the actor will suit up once again for ‘Iron Man 3′.

‘The Avengers’ premiered in London yesterday, and all the “Avengers” were on hand for the celebration. Scarlett Johansson wore a colorful Prada dress. I’m not a huge fan of the ruffle around the waist (doesn’t look like it belongs!) but I like the idea of this dress. I like the flowers, and I love the colors.

What do you think?

Also on hand were stars Chris Hemsworth (and his very pregnant wife, Elsa Pataky), Robert Downey Jr., Jeremy Renner and Mark Ruffalo.

PS: Reviews are starting to trickle in for this movie, and so far so good! The Hollywood Reporter gave it two thumbs up!

The All-Star Game of modern superhero extravaganzas, The Avengers is humongous, the film Marvel and its legions of fans have been waiting for. It’s hard to imagine that anyone with an appetite for the trademark’s patented brand of fantasy, effects, mayhem and strangely dressed he-men will be disappointed; not only does this eye-popping 3D display of visual effects fireworks feature an enormously high proportion of action scenes, but director Joss Whedon has adroitly balanced the celebrity circus to give every single one of the superstar characters his or her due. Worldwide box office returns will be, in a word, Marvelous.

Photos: Fame/Flynet

Sherlock Holmes: A Game of Shadows premiered last night in Los Angeles. Most of the film’s stars (except for Jude Law, whom I missed!) were on hand to support the new movie.

Rachel McAdams looks absolutely flawless in a silver Marchesa gown. I love her hair! She looks beautiful!

Robert Downey Jr. and his pregnant wife were also on hand.

Noomi Rapace - otherwise known as the “true Lisbeth Salander” in the Swedish ‘Girl With the Dragon Tattoo’ trilogy was also on hand. Noomi wore a Valentine gown, which I’m on the fence about. I don’t love it – but I don’t hate it either.

Check out some of the other stars below, including Guy Ritchie, who directed the film.

Photos: Fame

Today we have our first look at ‘The Avengers’, Marvel’s epic superhero movie. The film stars Robert Downey Jr. as Iron Man, Chris Evans as Captain America, Mark Ruffalo as The Hulk, Jeremy Renner as Hawkeye, Samuel L. Jackson as Nick Fury, Chris Hemsworth as Thor, Tom Hiddleston as the evil Loki and Scarlett Johansson as Black Widow.

In a recent interview, Evans told The Huffington Post that he wasn’t sure what to think of the film before shooting began, but he’s more than happy with the result.

“Going into it, you’re like, who knows? I don’t know how this is gonna go,” he admitted. “There’s a lot of big actors, a lot of big egos, everyone has their own thing going. I can’t say enough; it couldn’t have gone better. I have high hopes. I hope it’s awesome.”

Assuring us that the film balanced action and substance, he shouted out Whedon, creator of “Buffy The Vampire Slayer” and fanboy pinup, for his work putting it together.

“It’s not easy trying to bring all those characters together and find a story, but the best thing about Joss is that Joss is a fan, Joss is a comic book guy,” he said. “It feels so nice working with a guy that is well, the people I am trying to please is Joss. Joss is one of those dudes. And if Joss is happy with the dialog, if Joss is happy with the wardrobe, if Joss is happy, then I’m happy. Because he’s Comic-Con, he’s one of these dudes who would be in the audience geeking out, so if he’s happy, I’m happy.”

I love superhero movies. GOOD superhero movies, that is. I truly hope this movie is better than the trailer. The trailer is…. boring! Isn’t it? After watching the trailer – I found myself thinking “that’s it?”.

With all that talent – I was really hoping the trailer would just blow me away. But it didn’t. There wasn’t anything spectacular about it.

Watch the trailer below! Also – here are a bunch of pictures from the set back in September.

Photos: Fame

The cast of the upcoming movie “The Avengers” were busy on set as they prepare to film for the super-hero packed thriller in New York. Cast includes Jeremy Renner (Hawkeye), Scarlett Johansson (Black Widow), Chris Hemsworth (Thor), Robert Downey Jr. (IronMan), Chris Evans (Captain America), Tom Hiddleson (Loki), Stellan Skarsgard (Prof. Erik Selvig), and Mark Ruffalo (Bruce Banner).

Photos: Fame

Robert Downey Jr. and his wife of six years, Susan Downey, are pregnant with their first child. According to their rep, Susan is due in February.

Oscar-nominated Downey, 46, has a 17-year-old son, Indio, from his first wife Deborah Falconer.

The good news just keeps coming for Downey, who has been enjoying an incredible career resurgence after kicking his drug and alcohol addiction over six years ago.

He doesn’t take his sobriety and blessings for granted.

“Looking back, I think, ‘Oh my God, I could have been done. I could have been so fried and so bad off and, oh my God, such a cautionary tale,’” he told Playboy in October. “And I still could be.”

“My age and my recent set of experiences … have left me feeling I’m in the zone,” said the actor. “This is just the sweet spot of my career and my life so far, and strangely, they’ve come at the same time.”

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