Avatar' sequel misses estimates, but theater exec not concerned

The Way of Water from Avatar "gave James Cameron, a director, his first $100 million opening weekend

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However, the opening missed industry predictions of over $170 million.

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According to Comscore data, "The Batman" opened in 2022 with the fifth-highest total.

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Disney had projected a range between $135 million and $150 million, but its shares fell 3% as a result.

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Richard Gelfond, CEO of IMAX (IMAX), remarked "The movie "Avatar: The Way of Water" is amazing.

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We expect this James Cameron film to have a similarly long run at the global box office as his previous ones have.

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It had the second-highest IMAX opening ever in terms of revenue.

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The "Avatar" sequel reportedly had a $250 million + production budget.

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