The Avatar Sequel Stays on Top of the Box Office for a Second Week: LA — Los Angeles. Studios estimate that “Avatar: The Way of Water” will earn $56 million in North America over the course of its second weekend in theatres, which would put it at the top of the box office and give hope that the sequel will continue to do well into the new year and live up to the lofty expectations set for it.
20th Century Studios’ digital extravaganza directed by James Cameron has earned $253.7 million in its first 10 days of release, surpassing the $212.7 million earned by the original “Avatar” in the same period in 2009. “Avatar” went on to become the highest-grossing film of all time.
While the original “Avatar” and “Titanic” have serious legs at the box office, Cameron’s sequels often open strong but quickly decline, making it difficult to predict how well they will do overall. Given the usual trajectory of blockbuster openings, the movie’s 42% drop from its first weekend’s $134 million to its second’s $67 million was not unexpected.
According to Paul Dergarabedian, a senior media analyst for Comscore, “This is James Cameron’s first $100 million opener.” “The fact that it had such a large opening weekend and dropped by only 58% demonstrates that the film has staying power.”
With $855 million worldwide, “The Way of Water” is already the third highest-grossing film of 2022, trailing only “Top Gun: Maverick” and “Jurassic World: Dominion,” and is guaranteed to earn more than $1 billion.
Until Marvel’s “Ant-Man and the Wasp: Quantumania” is released in February, the film has a relatively clear path to success, with more holiday time on the horizon and no comparable competition.
It’s possible that people in the United States will stay inside due to the impending storm.
According to Dergarabedian, the weather is currently Avatar’s greatest threat.
Universal’s “Puss in Boots: The Last Wish,” an animated sequel to “Shrek” that starred Antonio Banderas and Salma Hayek in voice roles, came in at a distant second with $11.35 million.
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With $5.3 million, Sony’s biopic “Whitney Houston: I Wanna Dance With Somebody” came in third.
“Babylon,” starring Brad Pitt and Margo Robbie, was the weekend’s biggest flop. The early Hollywood epic was directed by “La La Land” director Damien Chazelle. Only $3.5 million was made from its wide release, putting it in last place.
Industry worries that audiences aren’t flocking to theatres for such films were exacerbated by the tepid, $6.5 million opening weekend of director David O. Russell’s “Amsterdam,” another film, set in a similar period, that combined prestige, scope, star power, and a celebrated auteur.
These fears were well-founded, as “Babylon” opened to less than half the amount of money as “Amsterdam.”
The next few weeks in theatres, streaming, and possible nominations could help “Babylon” avoid being a total flop.
According to Dergarabedian, “Babylon” is not a movie that cares about its first few days in theatres. What it does in the next few weeks and into the new year, especially if it receives more award buzz, remains to be seen.
Estimated weekend ticket sales for North American theatres by Comscore, with Wednesday-Sunday for context. The final domestic numbers will be released next Monday.
1. “Avatar: The Way of Water,” $56 million.
2. “Puss in Boots: The Last Wish,” 11.35 million.
3. “Whitney Houston: I Wanna Dance with Somebody,” $5.3 million.
4. “Babylon,” $3.5 million.
5. “Violent Night,” $3.14 million.
6. “Black Panther: Wakanda Forever,” $3 million.
7. “The Whale,” $924,000.
8. “The Menu,” $617,000.
9. “The Fabelmans,” $550,000.
10. “Strange World,” $410,000.
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