The Method of Water’ tops $2 billion on the international field workplace
Avatar: The Method of Water
Courtesy: Disney Co.
Disney‘s “Avatar: The Method of Water” has topped $2 billion on the international field workplace, making it the third 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 Battle.”
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 seemingly 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 recuperate 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 lots 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 displaying than anticipated in China, the results of a spike in Covid numbers and hospitalizations because of the virus, it has generated sturdy ticket gross sales from France, Germany and Korea.
Reaching the $2 billion mark is an effective signal for the Avatar franchise, which has three extra installments slated for launch over the following 5 years. It additionally meets the objective set by Cameron, who had beforehand mentioned the movie would should be the third or fourth highest-grossing movie in historical past simply to interrupt even.
“Retaining 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 funds 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,” one other Disney manufacturing, is launched.
Correction: This story was up to date to replicate that “The Method of Water” is the third James Cameron film to gross $2 billion on the international field workplace.