"Avatar: The Way Of Water" Opens With $130M-$150M At Box Office

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20th Century Fox & Earth Day Network's "Avatar" Tree Planting Event
LOS ANGELES, CA - APRIL 22: Director James Cameron attends the 20th Century Fox & Earth Day Network's "Avatar" Tree Planting Event on April 22, 2010 in Los Angeles, California. (Photo by Amanda Edwards/Getty Images)
"Avatar: The Way Of Water" is slightly underperforming at the box office, compared to projections.

Avatar: The Way Of Water slightly underperformed at the domestic box office for an opening day of $53M, as well as a three-day of $130M-$150M. Projections were between $150M-$175M, according to Deadline.

The film's budget is reported to have been between $250M-$350M.

SEOUL, SOUTH KOREA - 2022/12/09: Canadian filmmaker James Cameron speaks during a Future Dialogue for Global Innovation 2022 in Seoul. His latest movie 'Avatar: The Way of Water' is to be released in the country on December 14. (Photo by Kim Jae-Hwan/SOPA Images/LightRocket via Getty Images)

Director James Cameron previously admitted that the film would have to be historically successful to break even. He told GQ that he told studio executives “you have to be the third or fourth highest-grossing film in history. That’s your threshold. That’s your break even.”

While he didn't admit the exact budget for Avatar: The Way Of Water, he described it as "very fucking" expensive.

Imax and PLF tickets are responsible for 32% of the Avatar sequel‘s ticket sales thus far with an additional 31% coming from 3D theaters.

While the sales are lower than projections, they are significantly higher than 2009’s Avatar, which debuted with $27 million on the first day. The film went on to become the highest-grossing movie of all time.

Critically, the new Avatar film has a 78% rating on Rotten Tomatoes with an audience score of 94%.

Avatar: The Way Of Water takes place years after the first film, following Jake Sully and Ney'tiri after they have formed a family. It stars Sam Worthington, Zoe Saldana, Stephen Lang, Michelle Rodriguez, and Sigourney Weaver. Cameron wrote the screenplay with Rick Jaffa and Amanda Silver.

Cameron is planning on releasing three more sequels on December 20, 2024, December 18, 2026, and also December 22, 2028.

Check out a trailer for Avatar: The Way Of Water below.

[Via]

About The Author
Cole Blake is currently an Editor at HotNewHipHop based out of Brooklyn, New York. He began working at the site as an intern back in 2018 while studying journalism at St. John’s University. In the time since, he’s graduated with a bachelor's degree and written extensively about a wide range of topics including pop culture, film & television, politics, video games, sports, and much more. He’s also covered music festivals such as Gov. Ball and Rolling Loud. You can find him publishing work for HNHH from Monday to Wednesday or on weekends. On the sports front, Cole’s a passionate NBA and NFL fan with his favorite teams being the Indianapolis Colts and Los Angeles Lakers. He also roots for the Yankees whenever he finds himself at Yankee Stadium or the Red Storm when in the company of other SJU alumni. His favorite hip-hop artists are billy woods, Earl Sweatshirt, Cam’ron, MIKE, and Mach-Hommy.
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