Avatar: The Method of Water
Courtesy: Disney Co.
Disney‘s “Avatar: The Method of Water” has topped $2 billion on the international field workplace, marking the second James Cameron movie to achieve this benchmark.
Solely 5 different movies have hit this metric — the unique “Avatar,” “Avengers: Endgame,” Cameron’s “Titanic,” “Star Wars: The Power Awakens” and “Avengers: Infinity Struggle.”
As of Sunday, “The Method of Water” had tallied $598 million from home ticket gross sales and $1.426 billion from overseas markets. The movie is the sixth highest-grossing movie of all time and can probably transfer up within the rankings as its run in theaters continues.
“The movie has now joined that very unique field workplace membership and has made it look virtually easy,” mentioned Paul Dergarabedian, senior media analyst at Comscore.
The field workplace has struggled to get better within the wake of the pandemic, as audiences shifted to extra at-home viewing and fewer movies reached the large display. Because the business rebounds, movies like “The Method of Water” have confirmed that moviegoers are desirous to return for giant blockbuster spectacles. And plenty of are keen to pay for premium showings like IMAX or giant format screens that always include a better price ticket.
Whereas “The Method of Water” has had a extra muted exhibiting than anticipated in China, the results of a spike in Covid numbers and hospitalizations as a result of virus, it has generated robust ticket gross sales from France, Germany and Korea.
Reaching the $2 billion mark is an efficient signal for the Avatar franchise, which has three extra installments slated for launch over the subsequent 5 years. It additionally meets the purpose set by Cameron, who had beforehand mentioned the movie would must be the third or fourth highest-grossing movie in historical past simply to interrupt even.
“Conserving consistent with Cameron’s ‘king of the field workplace world’ profession trajectory it ought to come as no shock that the justification for completion of the director’s imaginative and prescient for the world of Pandora is now undeniably assured and given the stamp of approval by enthusiastic followers across the globe,” Dergarabedian mentioned.
It’s unclear what the movie’s manufacturing finances was, though estimates vary from $250 million to $350 million, not together with advertising and marketing prices.
“The Method of Water” ought to steadily proceed to generate field workplace receipts because it has no direct competitors in theaters till mid-February when Marvel Studios’ “Ant-Man and the Wasp: Quantumania” is launched.