“Deadpool 3” In The Works At Marvel

Ryan Reynolds has confirmed that a “Deadpool 3” is in the works at Marvel Studios.

Taking to hit talk show ‘Live With Kelly and Ryan,” the actor told the popular show hosts Kelly Ripa and Ryan Seacrest that another sequel to the movie series is in motion. 

“We’re working on it right now with the whole team,” Reynolds informed the show hosts, audience and viewers. “We’re over at Marvel, which is the big leagues all of a sudden. It’s kind of crazy.”

According to Variety, Deadpool was one of only a few characters that were owned outright by a studio aside from Disney. However, he came home to Marvel Studios president Kevin Feige and his team when Disney acquired Fox for $71.3 billion.

The first two films were developed with Fox film leadership.

However, Emma Watts, Fox films former president of production, will no longer be overseeing the franchise as she did the first two films, according to insiders behind the scenes familiar with the project. Instead, she will remain in the Reynolds business moving forward in 2020 overseeing different projects including a video game action-comedy, “Free Guy” under Fox, as well as Steven Spielberg’s West Side Story, the ”Avatar” Franchise and Ridley Scott’s “The Last Duel.”

Deadpool has been pretty consistent with its success over the years with “Deadpool” and “Deadpool 2,” earning a combined $1.5 billion worldwide. Budgets for the films were reported at $58 million and $110 million prior to marketing costs. 

Elsewhere Reynolds is earning $25 million for his services in “Red Notice,” which is an art-heist action flick starring Dwayne Johnson and Gal Gadot.