A producer from the film explains the film's delay.
"They looked at the landscape and realized they couldn't compete."
Studio chair Brad Grey and vice chair Rob Moore felt the expenses due to the delay were preferable to any possible competition with The Amazing Spider-Man.
They are also planning on adding depth to Channing Tatum's role, who was not a star when the original was made. The actor's character originally dies in this sequel, but it's now possible that his life will be spared.
Stay tuned for more news revolving G.I. Joe Retaliation.
G.I. Joe Retaliation was released March 28th, 2013 and stars Dwayne Johnson, Jonathan Pryce, Byung-hun Lee, Elodie Yung, Ray Stevenson, D.J. Cotrona, Adrianne Palicki, Channing Tatum. The film is directed by Jon M. Chu.