Marvel Studios is jumping ship and leaving the US behind to set up its headquarters in Sydney for the next five years.
According to reports, upcoming Marvel movies will all be filmed down under, with the fourth Thor movie Love and Thunder already getting underway in Sydney.
Marvel’s president Kevin Feige is said to be eyeing up a permanent move to Australia, with films, including Guardians of the Galaxy 3 and sequels to Doctor Strange, Captain Marvel and Black Panther, set to be produced there.
‘There is nowhere in the world where films can be shot in the way they can be here in Australia,’ an insider told the Daily Telegraph.
‘Sydney is the perfect place for the Marvel blockbusters because most are essentially shot in front of a green screen.’
They added: ‘The whole studio is essentially transporting itself from the US.’
It’s thought production will take place at Moore Park’s Fox Studios in Sydney.
Last month, filming began on Thor: Love and Thunder, which will see Chris Hemsworth reprise his role as the hammer-wielding superhero and the return of Natalie Portman as Jane Foster.
Hemsworth was seen back on set with Chris Pratt, who is making a guest appearance in the movie as his Guardians Of The Galaxy character Star-Lord.
It came after reports Hemsworth had suffered a painful back injury, leaving him with acute back pain and swelling over the past few weeks.
The Avengers star sought out treatment at a private hospital in Queensland and is said to have had cortisone injections in his back to ease the pain.
Hemsworth has been throwing himself into the gym to get in shape for the upcoming Thor movie, set for release in 2022.
Taika Waititi is returning to direct Thor 4 after serving as director on the highly-acclaimed third Thor film, Thor: Ragnarok.