Confirmed: ‘Deadpool 2’ is happening

MANILA, Philippines – Ryan Reynolds is set to reprise his role as the delightfully uncouth Merc with a Mouth, as a sequel for Deadpool has been green-lighted.

At CinemaCon 2016 on Thursday, April 14 in Las Vegas, 20th Century Fox has confirmed that they are going ahead with a follow-up to their hugely successful R-rated superhero film.

With a $58 million budget, the first Deadpool grossed around $760 million globally, to date, and premiered at $132 million in the US. It also garnered widespread acclaim for its edgy approach to the superhero movie. (READ: Movie reviews: What critics think of ‘Deadpool’)

Twentieth Century Fox co-chairman Stacey Snider announced at CinemaCon, as quoted by USA Today: “We have really exciting news to share: The entire creative team, including director Tim Miller and producer Ryan Reynolds, are hard at work on a Deadpool sequel.” She also called the film “a true paradigm-shifter.”

No official release date has been announced for the sequel, which is set to feature another Marvel superhero, Cable, as hinted in the first film’s post-credits scene.

CinemaCon is an annual trade convention for theater owners, held at Caesars Palace in Las Vegas, USA. – Rappler.com