In short: Are you excited about Avatar: The Way of Water, the upcoming sequel to 2009’s Avatar? Director James Cameron hopes so, given that the film has to be in the top four highest-grossing films of all time to break even.
Avatar: The Way of Water will arrive with many expectations. The first installment of the series remains the most successful film of all time, earning $2.9 billion at the box office since its original release and subsequent re-releases. The sequel’s production budget was reported to be around $250 million. Cameron never gave an exact number, although he did say GQ that it was “very fucking [expensive].”
Cameron also revealed that he told Disney and 20th Century Studios that the sequel represented “the worst business case in movie history”. The director believes that “you should be the third or fourth highest-grossing film in history. This is your threshold. This is your breakeven.”
After Avatar, Disney’s Avengers: Endgame is in second place on the list of highest-grossing films (not adjusted for inflation) worldwide with $2.7 million. Cameron’s Titanic comes in third with $2.1 billion, followed by Star Wars: The Force Awakens ($2.07 billion), then Avengers: Infinity War ($2.05 billion).
It will be interesting to see how good The Way of the Water is, given that many people rushed to watch the original purely because of the then-revolutionary 3D viewing experience it offered at the time – an estimated 72% of Avatar’s revenue came from 3D. . screens.
The Way of the Water, also in 3D, uses several cutting-edge filmmaking technologies, including new underwater cameras, artificial intelligence and algorithms, to make the film visually impressive.
Cinema attendance has declined since the start of the pandemic: Cineworld, the world’s second largest cinema operator after AMC Entertainment, filed for bankruptcy in September. But it is possible that the new film will bring in more than $ 2 billion; Spider-Man: No Way Home came very close to grossing $1.9 billion.
Cameron plans to make three more avatars after The Path of Water. Expect all of them to have equally large budgets.