Friday, January 27, 2023

‘Avatar: The Sense of Water’ set to turn profitable

‘Avatar: The Sense of Water’ has been rocking the box office ever since it hit the theaters in mid-December. James Cameron’s film was once again No. 1 at the US box office this past weekend, collecting a tentative $82 million between Friday and Monday. Its total value worldwide is close to $ 1.4 billion.,

This figure is especially important because according to Variety, it is the point at which the film will start to be profitable., James Cameron already said: ‘The Sense of Water’ had to become one of the highest-grossing films in history if it wanted to benefit Disney, in whose hands the future of the franchise is. It is currently the 14th highest-grossing film of all time (not adjusted for inflation) and is set to surpass “Avengers: Age of Ultron” to become the 13th.

How is it possible that a film has to make around $1.5 billion to make a profit? The advantage of being one of the most expensive films in history. It is estimated that the budget of ‘Avatar: The Sense of Water’ will be around $460 million (although a large part of ‘Avatar 3’ and some scenes of ‘Avatar 4’ were also shot in the production of the sequel). To this we must add the costs of advertising and distribution of the tape, which usually represent more or less the same amount (or even more) than the production budget., With Disney’s worldwide marketing spree to make the film the movie event of the season, experts concluded that it would need to raise $1.4 billion to turn a profit.

long road ahead

Currently, ‘Avatar: The Sense of Water’ has collected $421.6 million in the US and $956.9 million in other territories. In Spain it remained at No. 1 at the box office throughout the New Year’s weekend, with the best week since 2019 in cinema attendance., according to comScore data, and ended the year as the highest-grossing film of 2022. Ant-Man and the Wasp: Quantummania’. Pandora’s future looks assured.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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