It’s a day we thought would never come (for better or for worse). James Cameron has officially begun production on the Avatar sequels, eight years after the first one was released becoming the highest grossing film of all time.
Deadline is reporting that the back-to-back shoot will have an estimated combined budget that will exceed $1 billion. Sure, that sounds ridiculous, but that’s only $250M per film. Okay, that’s a lot of money. Let’s hope it has the story to match the budget.
I find this news sort of humorous, as earlier today I read an article explaining that these super expensive budgets are to blame for why Hollywood has fewer box office hits. It went on to talk about having a huge budget used to mean something, that the studio had faith in the film. Titanic and Terminator 2 are two examples they used. And while it’s silly nowadays to think of a blockbuster with a budget less than $150M, It (and to a lesser extent Baby Driver) prove that going smaller can still guarantee big bucks. It’s how you use the budget that’s important.
Avatar 2 hits theaters December 18, 2020. The rest roll out in 2021, 2024, and 2025, but I’m not giving you the dates since, c’mon, they’re probably going to change.