Briefly: Are you excited for Avatar: The Way of Water, the upcoming sequel to 2009’s Avatar? Director James Cameron hopes so, since it needs to become one of the four best films of all time to break even.
Avatar: The Water Way will arrive with a lot of expectations. The first entry in the series remains the most successful film of all time, grossing $2.9 billion at the box office from its original release and subsequent re-releases. The sequel has a reported production budget of somewhere in the $250 million range. Cameron never said an exact number, though he did tell GQ It was “so cool.” [expensive]. “
Cameron also revealed that he told Disney and 20th Century Studios that the sequel represented “the worst business case in the history of cinema.” The director believes that “It has to be the third or fourth highest-grossing film in history. This is your threshold. This is your tie.”
Disney’s Avengers: Endgame is second behind Avatar on the list of highest-grossing (non-inflation-adjusted) films worldwide with $2.7 million. Cameron’s Titanic came in third with $2.1 billion, followed by Star Wars: The Force Awakens ($2.07 billion), then Avengers: Infinity War ($2.05 billion) – the five films are the only ones to cross the $2 billion mark.
It will be interesting to see how well The Way of Water does, since many people rushed to see the original based on the then-revolutionary 3D viewing experience it offered at the time – an estimated 72% of Avatar takeovers. Came from 3D screens.
The Way of Water, also in 3D, uses several cutting-edge filmmaking techniques, including new underwater cameras, artificial intelligence, and algorithms, making it an impressive film.
Cinema attendance has fallen since the start of the pandemic – Cineworld, the world’s second-largest cinema operator after AMC Entertainment, filed for bankruptcy in September. But it’s not out of the question that a new movie could gross over $2 billion; Spider-Man: No Way Home is close to taking in $1.9 billion.
Cameron plans to make three more Avatars after Waterway. Expect all of them to have equally large budgets.