Avatar: The Way Of Water Looks To Dive In With Over Half A Billion Global Launch Weekend – Box Office Preview

Avatar: The Way Of Water Looks To Dive In With Over Half A Billion Global Launch Weekend – Box Office Preview

And so it begins. Thirteen years later avatar hit theaters, conquered and continues to conquer the global box office as the highest grossing release of all time at $2.9 billion worldwide James Cameron avatar: the way of water, The sequel to his triple Oscar-winning 3D sci-fi film has a global perspective $525 million in Disney’s biggest worldwide release to date, hitting 52,000 screens Avengers: Endgame.

It broke out $175 million on the high end in the US/Canada and 350 million dollars abroad. Have some tracking The path of the water at 150 million dollars, and if the film goes to the bottom, it’s not the end of the world. Read why below. Foreign ticket sales are US$250 million plus another US$100 million from China, always the changing market.

BOUND TOGETHER: James Cameron skips ‘Avatar: The Way Of Water’ Hollywood premiere after testing positive for Covid: he tells Deadline what happened

Since Deadline first announced the writing team for the sequels in 2013, the 20th Century Studios film has endured a massive public shakeup in Disney’s acquisition of Fox and a rotation of studio executives to oversee the film. There’s a big touch of irony, as Bob Iger helped orchestrate the Disney/Fox merger avatar Franchise is one of many shoes that recently returned as Mouse House’s CEO.

You will remember that Sony Spider-Man: No Way Home decimated his predictions last year. Sony predicted the domestic opening for the Marvel Studios title at $130 million, the city said $175-$200 million and the film came in at $260.1 million. The global projection was $290 million – $350 million, and No way home ending up at $600 million. Can it happen here? Avatar: The Way of Water?

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If this happens at the domestic box office, it’s because families, parents and older adults have decided to take a break from holiday activities in a pre-Christmas aisle. Although hot to track in all demos, the comp is there for that Avatar: The Way of Water Given the older skewed fans, these are outdated franchise sequels Top Gun: Maverick ($126.7 million) and Jurassic World: Dominion ($145 million), not the Marvel movies. No way home Over-indexed opening weekend given box office FOMO for MCU’s most cohesive and expansive play yet Avengers: Endgame. Avatar: The Way of Water are visited by appointment. This means that moviegoers will see the film in the best possible conditions, read the format and seat selections, and possibly wait after the rush to enjoy this 3 hour 12 minute feature film.

At least the average ticket prices are rising Avatar: The Way of Water the weekend. Check out last weekend’s average ticket price across formats for the Cameron film, data from EntTelligence:

So if Avatar: The Way of Water is on the low side, the film is expected to hold up as Cameron does avatar and titanic is known for that. The question is to what extent. be allowed to Avatar: Away from the water Why number 1 after MLK weekend? Or Gerard Butler’s Right be in the way? Disney is rumored to hold large auditoriums over the next five weekends. The next big movie on the calendar is undoubtedly Disney/Marvel Studios Ant-Man and the Wasp: Quantumania on February 17.

Domestic presale for Avatar: The Way of Water stands at an estimated $38 million as of yesterday, double what they are today Top Gun: Maverick and jurassic world at the same time, but behind Black Panther: Wakanda Forever and Doctor Strange in the multiverse of madness, which opened to $181.3 million and $187.4 million, respectively. 74% of the advance sales are for 3D screenings and 15% of these advance sales are for screenings outside the opening weekends. The major chains see a lot of their ticket sales in Imax, but not at the level of Marvel movies, which is to be expected since this property is aimed at older adults. This means that it is usually the fanboys who buy their tickets in advance.

The percentage of 3D pre-sales abroad is phenomenal: Europe sees 81%, Asia-Pacific 70% and Latin America 65%.

On Thursday, the US/Canada previews begin at 3 p.m. The weekend’s 4,100 cinemas consist of 280 4D/Dbox locations, 85 Screen X, 400 Imax 3D cinemas and 3,000 3D cinemas. The ratings embargo was just lifted after last night’s Hollywood premiere and Rotten Tomatoes has 81 reviews at 83% fresh. The original 2009 film is certified 82% fresh.

The path of the water begins tomorrow, Wednesday, with the international launch in majors including France, Korea, Germany and Italy, with some markets playing from midnight. China will also receive 3,000 previews on Wednesdays and Thursdays at 7pm local time before Friday’s bow. By Friday, the entire overseas landscape will be covered, including 52 material markets (the sequel will not be released in Russia due to ongoing geopolitical reasons).

After prolonged shutdowns and closures of cinemas, China is opening with a bang as the government backs away from its zero-Covid policy. About 80% of movie theaters are currently operating, although audience comfort remains unclear amid increasing virus outbreaks. We hear there are concerns about being in a confined space for more than three hours now that restrictions have been lifted. We’ll see if ticket prices become an issue as the exhibition is rumored to pump it up after such a long hiatus at the box office.

China’s advance sales were resilient at more than RMB 150 million (US$21.8 million) through Sunday (Saturday is essentially flat with Friday, which is a rare occurrence but complicates estimates).

The anticipation is high – on Tuesday there were premieres in Beijing and Shanghai, the social mood is high. Cameron is a rock star in China and the film uses technology developed there. Reissue of last year’s original avatar $57.7 million added to its domestic tally, totaling $261.8 million; This week’s promotional re-release on just 80 screens was quiet but picked up on the second day.

We will keep an eye on China over the weekend and revise our estimates as is our custom.

As for foreign compositions, there is the first avatar in the original release, which earned $170 million on a like-for-like basis, Star Wars: The Force Awakens ($294 million), Spider-Man: No Way Home ($320 million) and Avengers: Infinite War ($503 million). All these figures are for today’s prices, which have been hit hard by a strong dollar.

Among the main opening markets, we expect a mix of China, France, the United Kingdom, Japan, Korea, Mexico, Germany and Brazil. World Cup soccer could get something out of action on Wednesday when France meet Morocco. There will also be some repercussions depending on who is in the final on Sunday.

Cameron and Landau have progress from avatar 2 months and with the cast he embarked on a world tour in London last week, where he hosted a photo call, press conference and conference ahead of the world premiere in Leicester Square on Tuesday night. They then traveled to Tokyo and Seoul.

Author pmc-u-font-size-14″>Writer: Anthony D’Alessandro, Nancy Tartaglione

Source: Deadline

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