Marvel's "Ant-Man" had its detractors prior to the release of the superhero movie this summer. But the pint-sized protagonist packed a punch at the box office, and now Marvel has green lit a sequel.
Disney-owned Marvel Studios announced Thursday it would squeeze "Ant-Man and the Wasp" into its 2018 movie slate, with a release date set for July 6.
Some feared "Ant-Man" would be Marvel Studios' first flop after cult favorite director and writer Edgar Wright left the project and the script underwent a series of rewrites. But the lighthearted and relatively low-budget film went on to earn $178.5 million at U.S. theaters and a grossed a global total of $410 million.
"It just goes to show you how strong the Marvel brand is that they can take a third-string character like Ant-Man and turn it into a veritable franchise," Jeff Bock, senior box office analyst at Exhibitor Relations, told CNBC. "It usually doesn't stop at two with Marvel, so this is probably going to be a franchise."