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Box office haul for ‘Avatar: The Way of Water’ tops $2 billion

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LOS ANGELES — Expensive film sequel “Avatar: The Manner of Water” topped $2 billion in world field workplace receipts on Sunday, sealing its spot as one other hit franchise for the Walt Disney Co.

Field workplace gross sales for “The Manner of Water” totaled $2.024 billion on Sunday, in keeping with Disney estimates. After six weekends in theaters, it ranks because the sixth-highest grossing film of all time. Roughly $1.4 billion of ticket gross sales have come from worldwide markets exterior america and Canada.

“It’s an unqualified success,” stated Paul Dergarabedian, senior media analyst at Comscore. “Any time you might be within the billions you might be within the pantheon of prime franchises.”

Disney has not disclosed the film’s price range, however the Hollywood Reporter stated it value not less than $350 million to provide plus advertising and marketing prices. Studios cut up ticket gross sales with theaters.

The sturdy reception for the movie additionally ought to assist entice crowds to a Pandora space at Walt Disney World in Florida, analysts stated, and spark merchandise gross sales for years to come back.

“Avatar” was touted as one of many jewels in Disney’s $71 billion buy of twenty first Century Fox property in 2019, a property it may elevate alongside Marvel and Star Wars. Activist investor Nelson Peltz, who’s searching for a seat on the Disney board, has argued that the corporate paid an excessive amount of for Fox.

A 3rd “Avatar” film, which Cameron has already filmed, is scheduled to debut in December 2024. The fourth and fifth instalments are slated for December 2026 and December 2028.

The unique “Avatar” enchanted audiences with groundbreaking visuals that informed the story of Pandora’s blue, 9-foot-tall Na’vi folks. The 2009 film stays the highest-grossing movie in historical past with $2.9 billion in world ticket gross sales.

In “The Manner of Water,” actors Sam Worthington and Zoe Saldana return as Jake Sully and Neytiri 10 years later, now dad and mom of 5 youngsters. When people return to go after Jake, the household takes refuge with an oceanic clan.

Cameron has directed three of the highest six movies of all time – the 2 “Avatar” motion pictures and 1997 drama “Titanic.”

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