Anti-police activist and Shang Chi actor Simu Liu recently bragged about Marvel Studios greenlighting a sequel to Shang-Chi and the Legend of the Ten Rings.
Variety’s Jordan Moreau reported on December 6th, “A sequel to ‘Shang-Chi and the Legend of the Ten Rings’ is officially on the way with Destin Daniel Cretton returning to direct and write.”
Not only is he expected to work on a Shang-Chi sequel, but he’s also been tapped to develop TV projects for Marvel Studios on Disney Plus as well as for Onyx Collective for Hulu and other platforms.
Marvel Studios President Kevin Feige praised Cretton stating, “Destin is an amazing collaborator who brought a unique perspective and skill to ‘Shang-Chi and the Legend of the Ten Rings.’ We had a fantastic time working together on the film and he has so many intriguing ideas for stories to bring to life on Disney Plus, so we’re thrilled to expand our relationship with him and can’t wait to get started.”
Destin is a powerhouse storyteller with impeccable taste in material. As we continue to expand our roster, Destin’s unique voice will help usher in an exciting slate of content for our global audience,” added Freeform and Hulu’s Onyx Collective President Tara Duncan.
Cretton also said, “Working on ‘Shang-Chi’ with Kevin and the Marvel Studios team was one of the highlights of my life, and I couldn’t be more excited about Tara’s vision for Onyx Collective. I can’t wait to explore new stories & build new worlds with this community.”
Liu, who vociferously called for the defunding of police back in June 2020, reacted to the news on Twitter writing, “Flopped so hard we got a sequel!!”
The actor previously mocked critics discussing industry predictions for Shang-Chi and the Legend of the Ten Rings box office haul.
He shared a compilation of the critics and superimposed “LOL” over them and shared the image to his Instagram Story.
The film is currently the fifth worst grossing film in Marvel Cinematic Universe (MCU) history at the global box office only beating out Eternals, Black Widow, Captain America: The First Avenger, and The Incredible Hulk.
Shang-Chi and the Legend of the Ten Rings earned $418.1 million. Eternals took in $383.3 million. Black Widow grossed $376.4 million. Captain America: The First Avenger took in $370.5 million and The Incredible Hulk grossed $265.5 million.
However, if you factor in inflation, Captain America: The First Avenger leaps above Shang-Chi and the Legend of the Ten Rings, Eternals, and Black Widow with its worldwide gross coming in at $455.6 million.
That means Shang-Chi and the Legend of the Ten Rings is actually the fourth worst grossing Marvel Cinematic Universe film to date.
Despite being the fourth worst grossing MCU film of all time, the film did more than likely make a slight profit.
The-Numbers reports the film had a production budget of $150 million meaning the movie would have needed to gross $375 million to break even.
It surpassed that number with a $418.1 million global haul.
The box office numbers aside, it’s not surprising that the film received a sequel. Every single solo or team film aside from Black Widow in the MCU has received a sequel and many of them received their own trilogy such as Captain America, Thor, Iron Man, Ant-Man, Spider-Man, and Guardians of the Galaxy. The Avengers have had four films.
Sequels are in the works for Black Panther, Captain Marvel, and Doctor Strange as well.
On top of that, there are films that have done poorly that received a sequel or a reboot. One need to look no further than the 2016 Ghostbusters film. The film bombed at the box office, but Sony decided to go ahead and make another Ghostbusters film in Ghostbusters: Afterlife.
The 1982 Tron film also flopped at the box office. It had a production budget of $17 million, but only grossed $26.9 million.
A film getting a sequel does not necessarily mean it didn’t bomb, although that does not appear to be the case with Shang-Chi if you look at the film’s box office numbers.
What do you make of Liu’s comments?