24hoursworld

The sequel to Avatar breaks a losing streak for Disney and hits theaters in China

The sequel to Avatar breaks a losing streak for Disney and hits theaters in China

The highly anticipated sequel to James Cameron of his 2009 sci-fi epic will hit theaters nationwide on December 16, the same date the film will be released in other territories. It will be screened in regular theaters and Imax.

The first Avatar currently stands as the highest grossing movie of all time. Of its massive $2.74 billion in ticket sales, approximately $202 million of that total came from China during its initial theatrical release and subsequent re-release in 2021.

With “El Camino del Agua” now officially scheduled to hit theaters in China, the sequel can hope to benefit fans of the first film. Director James Cameron it also has a high profile in China. although his titanic not initially released in China at the same time as the rest of the world, it had a limited release in 1998 and was played on Chinese television networks. When the remastered 3D version was released in 2012, it grossed $58 million in its opening weekend.

While the country served as a reliable booster for American movies during the 2010s, government regulators have cut off Hollywood’s access to the Chinese market in recent years, as the country’s film economy has expanded and considerations policies have weighed more. Even the recent tents of Marvel have been banned; there hasn’t been a Chinese release of a movie from Marvel since 2019.

Other factors, including LGBT issues and perceived anti-China filmmakers and actors, have also weighed against some of Hollywood’s biggest tentpole entering China.

Chinese authorities have only granted import and distribution permits to a handful of foreign films this year.

The sequel to Avatar it has a reported production budget of $250 million, along with additional marketing and distribution costs. Meanwhile, director Cameron has boasted that the financial burden is even greater, stating that a “break-even” point could not be achieved unless the film became the “fourth or fifth highest-grossing film ever”. . With a huge budget to recoup and a third franchise entry already on the way, the movie will need all the ticket sales it can get.

Avatar_ The Way of Water _ Official Trailer _ Subtitled.mp4

20th Century Studios

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts