Finance
‘Avatar: The Way of Water,’ directed by James Cameron, is the year’s fifth-highest grossing film.
According to ‘Variety,’ the Disney and 20th Century Fox big-budget epic has earned $855 million in global ticket sales after only 10 days on the big screen.
So far, James Cameron’s long-awaited sequel has grossed $253.7 million in the United States and $600 million internationally.
Despite harsh winter weather in North America and rising cases of Covid-19, respiratory syncytial virus (RSV), and flu around the world, the ‘Avatar’ sequel is expected to gross a lot of money in the coming weeks.
According to ‘Variety,’ the $350 million-budgeted tentpole is aiming to hit the $1 billion mark by the end of the year. It’s a standard that only two other films, ‘Top Gun: Maverick’ and ‘Jurassic World Dominion’, have managed to hit in 2022.
Outside of North America, China had the highest attendance with $100.5 million, followed by Korea with $53 million, France with $52.3 million, India with $37 million, and Germany with $35.7 million.
The sequel, however, will struggle to match the success of its predecessor, which is the highest-grossing release in history, grossing $2.97 billion worldwide.
The global box office has yet to fully recover from the pandemic, and important markets such as China are seeing a resurgence of the virus. Furthermore, the sequel will not be released in Russia, where the original grossed $116 million.
Source:OCN
