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    Friday, January 6, 2023

    Global Box Office: Avatar: The Way of Water Becomes Biggest Movie of 2022, Crosses $1.5 Billion


    Avatar: The Way Of Water has officially become the highest-grossing film of 2022.

    The James Cameron–directed sequel surpassed the former champion, the monster hit Top Gun: Maverick, following the latest box office totals from Wednesday, according to Deadline.

    The mostly computer-generated film has already made more than $1.5 billion globally total since its debut in theaters on December 16.

    Top Gun: Maverick grossed $1.49 billion during its lengthy theatrical run, which Avatar 2 is likely to mimic, and the Tom Cruise–starring movie broke streaming records on Paramount+ after it debuted on the service on December 22.

    Wednesday's impressive update also signaled that Avatar: The Way Of Water had become the tenth highest-grossing film of all time after passing Furious 7.

    The outlet added that the film will likely move up to the number nine slot on Thursday as it passes the first Avengers film.

    Avatar 2 is already the ninth highest-grossing film in international markets alone, and it is now the top film of the pandemic era in Europe after it surpassed Spider-Man: No Way Home.

    Avatar: The Way Of Water has currently earned $454 million domestically, and over $1 billion in international markets.

    Although there were initially worries that the science-fiction film was in for trouble after it opened under expectations, but that seems to have been because many viewers were waiting to see it in premium format theaters, many of which were sold out on opening weekend.

    The movie has so far shown impressive staying power from weekend to weekend, and some analysts have suggested the initial estimates were overinflated.

    James Cameron suggested prior to the film's opening that it would need to earn over $2 billion to be profitable.

    However, According to The Hollywood Reporter, Avatar 2 needs to earn over $1.4 billion to break even, a milestone it has already surpassed.

    The original Avatar has grossed $2.92 billion globally, which got an extra boost from a theatrical rerelease preceding the launch of the new sequel.

    It currently stands as the highest-grossing film of all time when not adjusted for inflation, and the new sequel may have a chance of reaching a similar peak.

    The new film sees Jake Sully (Sam Worthington) and his partner Neytiri (Zoe Saldaña) taking their family to live with another tribe of Na'vi who live on the shore and spend most of their time in the ocean, which Cameron used underwater photography to help develop the stunning visuals.

    Earlier this week, he told the French outlet 20 Minutes that the next sequel, which has already been shot, will show a darker side of the alien race.

    'The fire will be represented by the "Ash People." I want to show the Na'vi from another angle because, so far, I have only shown their good sides,' Cameron explained.

    'In the early films, there are very negative human examples and very positive Na'vi examples. In Avatar 3, we will do the opposite,' Cameron said.

    'We will also explore new worlds, while continuing the story of the main characters,' he said. 'I can say that the last parts will be the best. The others were an introduction, a way to set the table before serving the meal.'

    Avatar 3 is expected to be released on December 20, 2024.

     

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