Avatar 2 and $134
Avatar 2 and $134! What? Yes, James Cameron’s high-profile spectacle “Avatar: The Way of Water” didn’t quite have the impact that many had hoped it would, but it still gave this weekend’s box office a boost. According to studio predictions on Sunday, the sequel opened to $434.5 million worldwide after taking in $134 million from North American theaters and $300.5 million from other countries. Avatar 2 makes waves with a $134 Million Domestic Debut.
Even though “Avatar: The Way of Water,” a high-profile spectacle from James Cameron, didn’t quite have the effect that many had hoped it would, it still helped this weekend’s box office. The sequel debuted at $434.5 million worldwide, exceeding studio expectations on Sunday, earning $134 million from North American theaters and $300.5 million from other nations.
The Navi characters, the film’s length (a staggering three hours and 12 minutes), the technological innovations, and the release plan from 20th Century Studios and The Walt Disney Co. are all oversized, though.
Many predicted a domestic debut of at least $150 million heading into the weekend.
Some even said $175 or more, but tracking hasn’t been a particularly reliable metric throughout the pandemic.
When Disney looked at pre-sales, they were able to predict that “The Way of Water” would be a unique beast.
Post-opening weekend sales for a typical, spoiler-heavy film like many Marvel productions are typically in the range of 5%.
They were at 20% for “The Way of Water.” When Disney looked at pre-sales, they were able to predict that “The Way of Water” would be a unique beast. Post-opening weekend sales for a typical, spoiler-heavy film like many Marvel productions are typically in the range of 5%. They were at 20% for “The Way of Water.”
Tony Chambers, the executive vice president for theatrical distribution at the Walt Disney Co., said, “We’ve got a terrific movie that is playing across all demographics and (has) terrific word of mouth.”
“We have the screens, and we have a free run.
This has nothing to do with opening weekend or opening day.
This relates to the entire race.
The movie debuted in North America on Thursday night after starting its international run on Wednesday.
The studio and the filmmakers placed a significant wager on the popularity and higher costs of the 3D format and high-end large screens.
Tony Chambers, the executive vice president for theatrical distribution at the Walt Disney Co., said, “We’ve got a terrific movie that is playing across all demographics and (has) terrific word of mouth.” “We have the screens, and we have a free run. This has nothing to do with opening weekend or opening day. This relates to the entire race.
The movie debuted in North America on Thursday night after starting its international run on Wednesday. The studio and the filmmakers placed a significant wager on the popularity and higher costs of the 3D format and high-end large screens.
A release in China, the first significant Hollywood release there since “Minions: The Rise of Gru” in August, helped “Avatar: The Way of Water” end the day on Friday with $53 million in the United States and Canada and $180.1 million globally.
Though it didn’t include Thursday previews, “Avatar’s” $26.7 million opening day in 2009 pales in comparison to this performance.
CEO of the 3D company RealD, Travis Reid, established a “new benchmark for the current 3D marketplace.”
A release in China, the first significant Hollywood release there since “Minions: The Rise of Gru” in August, helped “Avatar: The Way of Water” end the day on Friday with $53 million in the United States and Canada and $180.1 million globally. Though it didn’t include Thursday previews, “Avatar’s” $26.7 million opening day in 2009 pales in comparison to this performance.
CEO of the 3D company RealD, Travis Reid, established a “new benchmark for the current 3D marketplace.”
The company’s second-largest weekend brought in over $48.8 million from IMAX screens alone (1,543 in 80 markets).
As thrilled as we are with these early numbers, Rich Gelfond, CEO of IMAX, predicted that “Avatar: The Way of Water” would have a long and prosperous run.
Nerves were high for the expensive sequel, one of the most expensive of all time, which started production five years ago, as they were for many ambitious Cameron projects, from “Titanic” to the original “Avatar.” It endured numerous setbacks and the 2019 acquisition of 21st Century Fox by The Walt Disney Co. Additionally, it is one of the four “Avatar” sequels that Cameron had in mind.
In the 13 years since the release of the first movie, “Avatar” has also served as the punchline for jokes that claim the $3 billion-grossing “Avatar” has only had a minor impact on culture. However, despite this, the majority of critics have praised “The Way of Water,” not only for its stunning visuals but also for its stronger plot than its predecessor. On Rotten Tomatoes, critics gave it a 78% positive rating.
There are many different ways to answer the complex question of whether “Avatar 2” will make enough money. can this be enough for exhibitors who are still struggling despite having several big hits this year, such as “Top Gun: Maverick,” “Black Panther 2,” and “Doctor Strange 2”? Is it sufficient to support the beginning of the fourth and fifth movies’ production? Is it enough for the business overall, which projects a domestic year-end total in the $8 billion range as opposed to the $11 billion average before the pandemic?
