James Cameron’s Avatar: The Way of Water grossed $497.1M worldwide on Monday, and as numbers were tallied on Tuesday, the film inches its way to hitting half a billion mark in less than a week. The movie is expected to make a stronger wave as the holiday weekend rolls in.
This brings hope to Cameron and the team as they prepare for the planned future sequels. However, the movie needs to reach at least $2B at the end of its theatrical run to break even. But, seeing the exemplary performance of the film, it is likely that The Way of Water will create another box office milestone.
Avatar: The Way Of Water Promises To Make More Earnings On Holiday Weekend
The movie is no doubt one of the most anticipated films of 2022, and its performance has propelled Disney to sail past the $4B mark in worldwide ticket earnings, beating other Hollywood studios. While the sequel’s opening night was not as colossal as expected, the following weeks will see more audiences in theaters as the weekend and holiday period roll in.
The pandemic era is long gone, and theaters are already starting to make up for the loss of the previous years. The Way of Water’s budget runs from $350M to $400M, making it one of the most expensive Hollywood film productions. In a report from People, Cameron told 20th Century Studios that “the film was ‘the worst business case in movie history,’ and that it would ‘have to be the third- or fourth-highest-grossing film in history’ to break even.”
Avatar: The Way of Water stars Sam Worthington, Zoe Saldaña, Kate Winslet, Sigourney Weaver, Stephen Lang, and many more. After 13 years, Cameron finally created a follow-up to the original Avatar movie, which earned $2.9B worldwide – the highest-grossing movie of all time.
Avatar 2 Effortlessly Surpassed Black Adam’s Total Earnings In Less Than A Week
Before Avatar: The Way of Water hit the big screens, fans have already flocked to theaters and enjoyed a couple of epic movies, such as Warner Bros’ Black Adam and Marvel Studios’ Black Panther: Wakanda Forever. While the latter has crossed the $700M mark, the former was left with less than $400M in revenue.
Like Black Panther 2, Avatar: The Way of Water surpassed Black Adam’s total earnings in less than a week. This has been reported as a significant loss for Warner Bros, and with all the controversial decisions happening within DC Studios, the franchise is also on the brink of cancellation.
Avatar: The Way of Water is currently playing in theaters worldwide.
Source: Deadline
