Shang-Chi 2 has been announced by Marvel Studios as a forthcoming sequel to their Shang-Chi and the Legend of the Ten Rings fantasy movie. The latter has taken $432 million at the box office although it should be noted that its budget was estimated to be $200 million.
Deadline has revealed that filmmaker Destin Daniel Cretton will write and direct Shang Chi 2 as part of an exclusive multi-year overall deal with Disney and Marvel Studios. Cretton is already developing a new MCU series for Disney+ and has also signed a deal with Hulu’s Onyx Collective.
Kevin Feige, the President of Marvel Studios, commented: “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+, so we’re thrilled to expand our relationship with him and can’t wait to get started.”