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Avatar: The Way of Water to reach the $1 billion mark very soon

by Vidhi Dubey
December 28, 2022
in Lifestyle & Entertainment, Movie
0
Avatar: The Way of Water to reach the $1 billion mark very soon

Just 12 days after its debut, Avatar: The Way of Water will reach the $1 billion mark. Avatar: The Way of Water, the eagerly anticipated follow-up to 2009’s Avatar, which continues to be the highest-grossing movie of all time, was released in theatres on December 16. Even though James Cameron’s blockbuster had a weaker-than-expected opening weekend, its second weekend box office results proved that it was well-positioned to endure. This is the first significant accomplishment for the sequel.

After the second Tuesday’s receipts are added up, according to Deadline, Avatar: The Way of Water will surpass the $1 billion mark globally. The sequel is currently sitting at $955 million after two Mondays in cinemas, so with Tuesday’s attendance, Avatar 2 will undoubtedly surpass $1 billion. Surprisingly, Avatar: The Way of Water will reach the important milestone 12 days after its theatrical debut.

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Avatar 2 is anticipated to be a tremendous box office hit

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Avatar: The Way of Water is expected to be a huge box-office success, despite some initial reservations about its enormous production budget, tiny opening weekend, and ability to measure up to the original film. It has managed to surpass Doctor Strange in the Multiverse of Madness’ box office total in just 12 days, moving it up to third place behind Top Gun: Maverick and Jurassic World Dominion in terms of annual revenue. In contrast, Jurassic World Dominion took more than four months to reach the $1 billion mark and Top Gun: Maverick did so in in 31 days.

Avatar: The Way of Water is anticipated to maintain its lead over the competition for the foreseeable future, which is necessary for it to justify its enormous production budget, which is believed to be between $350-460 million. Cameron predicts that Avatar: The Way of Water will need to make roughly $2 billion in revenue to break even, while analysts believe the figure will be closer to $1.5 billion. But given how well it has done at the box office so far, the sequel stands a good chance of beating either record.

Avatar: The Way of Water has a potential, albeit a remote one, to beat the $2.97 billion total of the first movie after passing the $1 billion milestone in just 12 days and after receiving many theatre re-releases. The sequel is being held back by a number of variables, including the fact that it won’t be released in Russia, where the first film grossed over $100 million, and the fact that the global box office hasn’t yet recovered from the COVID-19 outbreak. Nevertheless, Avatar: The Way of Water has already earned $1 billion in sales in just twelve days, and it isn’t slowing down.

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