Ryan Reynolds on Stunning ‘Deadpool & Wolverine’ Box Office: I Think It’s “the First Four-Quadrant, R-Rated Film”

It wasn’t until about 10 a.m. PT on Saturday that Disney’s distribution team realized the near-impossible was within reach: Deadpool & Wolverine was going to cross the $200 million mark in its domestic opening, an unimaginable feat for an R-rated pic. Case in point: the biggest R-rated opening until now was the $133.7 million collected by the first Deadpool in 2016.

By Sunday morning, the news was official. The Marvel Studios movie opened to an estimated $205 million, the eighth-biggest debut of all time among any film and by far the biggest launch for an R-rated film, not adjusted for inflation. It only got better from there. Traffic was bigger than expected, pushing the final opening number to $211 million, the sixth-biggest launch of all time in North America.

The third outing in Ryan Reynolds‘ irreverent superhero franchise smashed numerous other records both domestically and overseas, where it launched to $233.1 million for a global start of $444.1, besting Avatar: The Way of the Water in December 2022 to score the best opening since Sony and Marvel’s Spider-Man: No Way Home in December 2021.

Reynolds has just returned home from a dizzying worldwide tour for the film with BFFs Shawn Levy, who directed Deadpool & Wolverine, and co-star Hugh Jackman. He conversed with The Hollywood Reporter on Sunday about his reaction to the opening, which exceeded all expectations. Most thought it could only get to $175 million to $180 million because of the rating, although one Disney insider says the studio was aware it had a shot at hitting $200 million — provided it got the required foot traffic.

Reynolds has his own theory about its success. “Disney probably doesn’t want me to frame it this way, but I’ve always thought of Deadpool & Wolverine as the first four-quadrant, R-rated film,” Reynolds tells THR. “Yes, it’s rated R, but we set out to make a movie with enough laughs, action and heart to appeal to everyone, whether you’re a comic book movie fan or not.”

There’s reason why Disney and others may bristle at labeling it a four-quadrant film, which generally is reserved for movies that work equally for males and females over and under 25. After all, it is perhaps the most violent and bloody Deadpool movie yet.

Still, here’s evidence to back up Reynolds’ theory that it’s playing to a broader audience than the usual MCU movie, even if it’s skewing male by anywhere from 60 to 63 percent.

So far, 13.6 million people have bought tickets to see it, on par with last year’s Barbie, which was rated PG-13, according to Steve Buck’s leading research firm EntTelligence. That’s the most foot traffic ever for an R-rated movie.

More tellingly, 11 percent of the audience was under 17. R-rated films typically only have 5 percent, according to Buck’s outfit. At the same time, it should be noted that 21 percent of the audience for Marvel’s last five films, all rated PG-13, were under the age of 17, according to an unweighted analysis by EntTelligence.

Deadpool & Wolverine showed strength across all age groups — again, to Reynolds’ point — and not just the 18 to 34 crowd, which can make up as much as 60 to 70 percent of a superhero film’s opening weekend.

According to Entelligence, those between ages 18 and 25 made up 21 percent of ticket buyers; 28 percent were between 26 and 35; 33 percent were between 36 and 45; 12 percent were between 44 and 60; and 5 percent were 55 and older. PostTrack, another leading exit-polling service, had slightly different percentage breakdowns, but not by much. Other stats: 81 percent of the audience was non-family, 13 percent were family groups, and 6 percent were teenagers.

“Once thought of as a sure-fire way to limit potential box office, the R rating, when properly applied, can be the key to unlocking massive box office, and this has proven to be the secret sauce for the Deadpool franchise,” says chief Comscore box office analyst Paul Dergarabedian. “The creative freedom afforded by the less restrictive rating has enabled filmmakers to push the envelope and, particularly in the case of Deadpool & Wolverine, can deliver the kind of edgy, intense, profanity-filled comedy action that modern audiences are fired up to see on the big screen.”

The R rating afforded Reynolds the creative freedom needed to fulfill his vision. “When I saw rated-R movies when I was a kid, they left a huge impression on me because I didn’t feel like people were pulling punches, and it’s been a huge inspiration to so many of the things that I look to make now,” Reynolds recently told The New York Times.

“I’m not saying that other people should do this, but my 9-year-old watched the movie with me and my mom, who’s in her late 70s, and it was just one of the best moments of this whole experience for me,” Reynolds continued in the NYT piece. “Both of them were laughing their guts out, were feeling the emotion where I most desperately hoped people would be.” 

If Disney is wary of declaring the new Deadpool film an all-audience film — aka, a four-quadrant film — it’s understandable considering it is the first R-rated film ever released by the studio. When Kevin Feige‘s Marvel Studios got its hands on the franchise after Disney absorbed 20th Century Fox, Disney chief Bob Iger went out of his way to assure audiences that Deadpool would retain its R-rating legacy.

For Reynolds, it’s been a long journey since Deadpool 2 was released by Fox in 2018, between the Disney-Fox merger, the pandemic and then the strikes, which shut down production for months. The movie, in fact, is replete with references to the Fox-Marvel handover, and its implications.

“I’ve been in some form of writing, producing, performing, editing and marketing of Deadpool & Wolverine for three years. I’d say it’s hard work, but it’s closer to obsession. The privilege and honor of making a movie with two of my closest friends in Shawn Levy and Hugh Jackman is never lost on me,” Reynolds tells THR. “Neither is the obscene talent and competence of a ruthlessly devoted postproduction team.”

Among additional records domestically, the film is the top opening ever for Reynolds, Levy and Jackman and the fifth-biggest superhero launch. It’s also the biggest July opening of all time and the biggest launch since Sony and Marvel’s Spider-Man: No Way Home in December 2021.

Levy and Reynolds co-wrote the script with veteran Deadpool scribes Rhett Reese and Paul Wernick, along with writer Zeb Wells. Reynolds, who is himself a master marketer, is also giving a tip of his hat to the team at Disney. The star tells THR: “Witnessing the prowess of Marvel/Disney’s promotional machine under Kevin Feige, Louis D’Esposito and Asad Ayaz was a learning experience I’ll never forget. I feel like I’ve waited my whole life to make this movie, and the outcome is icing on an already incredible cake.”

July 19, 8:20 a.m.: Updated with final opening numbers.