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Sylvester Stallone Explains Why 'The Expendables 3' Will Be Rated PG-13 Instead Of R

<img src="http://static1.businessinsider.com/image/537b613b6bb3f7146b6473d0-1200-600/the-expendables-3-1.jpg" border="0" alt="the expendables 3" />

When "The Expendables 3" comes out this summer, it will be the first film in the franchise to be rated PG-13.

The previous two films were both rated R <span style="line-height: 1.5em;">for "strong bloody violence" and some language.</span>

<span style="line-height: 1.5em;">While at the Cannes Film Festival, Sylvester Stallone told Deadline the next installment will have a ratings change to appeal to a broader, younger audience that may not have grown up with some of the '80s action stars in the film. </span>

<p class="p1">"We want to reach as many people as possible," said Stallone. "It's very close to an R, believe me, it's right there. But I think we owe it to the next generation. We thought we'd join that club for a while."

<p class="p1">Another reason the film may be changing to that PG-13 rating is because the last film may not have been as big of a hit as Lionsgate thought it would be.

<p class="p1">"The Expendables 2" cost an estimated $20 million more than the original to make, and while it made slightly more money than the original - $305 million worldwide vs. $274 million - the sequel made less money domestically ($85 million vs. $103 million).

<p class="p1">The drop in ratings is smart. While "The Expendables" films do well at theaters, both Stallone and Schwarzenegger's recent standalone movies don't perform as well on their own.

<p class="p1">Here are the box-office results for each stars past three films since the launch of "The Expendables" franchise in 2010. Only the film both starred in together late 2013, "Escape Plan," performed well - and that was because of a big bump from overseas.

<p class="p1"><span>Lowering the rating to PG-13 could help the older stars gain traction with a younger generation.</span>

<p class="p1"><img src="http://static4.businessinsider.com/image/537b69386bb3f79b056473d3-1200-900/sylvester-stallone-arnold-schwarzenegger-movies.jpg" border="0" alt="sylvester stallone arnold schwarzenegger movies" />

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SEE ALSO: How &#145;Indiana Jones' Finally Forced Hollywood To Create The PG-13 Rating