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Box Office: 'Deadpool 2' Nabs $12M Monday For Strong $138M Four-Day Cume

Ryan Reynolds’ Deadpool 2 earned around $12.3 million on its fourth day of release. That gives 20th Century Fox’s $110m-budgeted superhero sequel a $137.8m domestic total. No, it’s not the biggest R-rated Monday (Deadpool earned $19.7m on Presidents Day in 2016), but it did best Mel Gibson’s The Passion of the Christ’s first-Monday gross ($10.13m back in 2004) for the best R-rated Monday that didn’t fall on a holiday. No, that’s not accounting for inflation, but it’s still a solid win. And with $137.8m in four days, it has already eclipsed the inflation-adjusted domestic total of Green Lantern ($116m in 2011/$132m adjusted).

For whatever reason, a lot of big-deal R-rated flicks (Passion of the Christ, Matrix Reloaded, American Sniper, Fifty Shades of Grey, Deadpool, The Hangover part II) open over long weekends. So, it’s hard to do a straight comparison for Deadpool 2 and much of its R-rated competition. Still, Matrix Reloaded also dropped around 60% on its first $10.1 million-grossing Monday on this same weekend in 2003, albeit from a $134m Thurs-Sun debut.
While that film was (unfairly, incorrectly and inaccurately) tarred with mixed post-release word of mouth, it still made its way to $281 million domestic which was a record for an R-rated movie until Passion of the Christ. It held onto the global R-rated record until Deadpool. Considering Deadpool 2 cost $110 million to produce and already has at least $315m, we shouldn’t get too upset if the Ryan Reynolds flick plays similarly to Matrix Reloaded.

If it does so, Deadpool 2 should make around $51 million over the Fri-Sun frame (-59%) and $62m over the holiday for an 11-day cume of around $223m in North America. It might not top the first Deadpool ($363m) in North America, but it’ll be past Logan by next Monday or Tuesday (if not earlier). Don’t weep if Deadpool 2 merely becomes the fifth R-rated flick to top $300m domestic.

Here’s a fun piece of trivia: The budget for Deadpool 2 represented an 89.5% increase from the first film’s $58 million budget. That’s a bigger jump than Dawn of the Planet of the Apes, which went from a $94m Rise of the Planet of the Apes to a $170m sequel. Of note, Matrix Reloaded’s $150m budget was 2.38x The Matrix’s $63m cost. But since Matrix Reloaded earned $742m worldwide, it was still a good investment.

The Matrix Revolutions ($427 million on a $150m budget six months later) is a more complicated conversation. Deadpool 2 should pass that arbitrary benchmark in the next few days. Of note, the first Deadpool earned $243m in its first 11 days, so it’s possible that the sequel uses the holiday-infused second weekend to make up for lost ground. Of course, I would argue that’s why Fox moved the film from June 1 to May 18 in the first place. (Forbes)

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