Tuesday, June 6, 2023

Avatar Sequel’s Global Take Beats USD$1 Billion in 14 Days

20th Century Studios and Lightstorm Entertainment’s Avatar: The Way of Water has surpassed USD$1 billion globally after just 14 days, becoming the fastest release to cross that box office threshold since Spider-Man: No Way Home in December 2021 and the fastest in 2022. The epic adventure, from visionary filmmaker James Cameron, is the sixth film ever to cross $1 billion in its first two weeks of release and the fourth Disney release to do so.

With a production budget estimated to be around $350-400 million, Director James Cameron has reportedly said that the film’s takings would have to be in the realm of USD$2 billion for it to be considered a success.

With $1 billion already earned globally – and before the end of its second week in theaters – Avatar: The Way of Water has passed Jurassic World: Dominion to become the No. 2 release of 2022 and the No. 3 release of the pandemic era. Internationally, the film is closing in on Top Gun: Maverick’s USD$770 million – which, if crossed, would make Avatar: The Way of Water the No. 1 international release of 2022 and No. 2 international release of the pandemic era.

Domestically in the U.S., despite the continued disruption caused by Storm Elliott, Avatar: The Way of Water has crossed $300 million. The domestic $24 million Tuesday is +31% ahead of Avatar: The Way of Water’s first Tuesday, now giving the film the No. 1 and No. 2 top-grossing Tuesdays of the year.

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