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‘Avatar 2’ hits $1.4 billion after $86 million new year haul

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James Cameron’s ‘Avatar: The Way of Water’ loomed large at the box office during the New Year’s holiday, generating a towering $86.3 million over the four-day weekend. Through New Year’s Day, the blockbuster sequel has grossed $444.4 million in North America and roughly $1.4 billion globally. It has been holding strong in the time since its release, dropping only 8% in its third weekend in theaters. Over the traditional three-day period, the movie brought in $66.8 million, which marks a 4% increase from its sophomore outing.

With its worldwide ticket sales, ‘Avatar 2’ stands as the 14th-highest global release in history, just ahead of ‘Black Panther’ and ‘Harry Potter and the Deathly Hallows Part 2’. After only three weeks, it’s already primed to pass Paramount and Tom Cruise’s box office smash ‘Top Gun: Maverick’ ($1.488 billion) as the highest-grossing movie released in 2022.

‘Avatar 2’ is expected to remain a top draw throughout the month of January, which will be necessary to justify its massive price tag. Cameron estimated the $350 million-budgeted movie (not including at least $100 million in marketing fees) needs to generate roughly $2 billion to break even, though analysts believe the threshold to profitability is probably closer to $1.5 billion. As a plus, it looks to hit that benchmark in a matter of days.

The original ‘Avatar’ was released in 2009 and stands as the highest-grossing release in history with $2.97 billion worldwide. The follow-up film, which debuted 13 years later after many, many delays, will struggle to make that much money because the global box office hasn’t fully rebounded from the pandemic. Moreover, China, a major theatrical market, is experiencing a resurgence of COVID and Russia, another big territory, won’t have access to the film.

The film stars Sam Worthington, Zoe Saldaña, Stephen Lang and Sigourney Weaver, in the sequel which follows the Sully family as they head underwater to battle the elements and keep the Na’vi safe from humans.

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Will Smith to star in sci-fi thriller ‘Resistor’ from Sony Pictures

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Following the success of “Bad Boys: Ride or Die,” Will Smith is teaming up again with Sony Pictures for the sci-fi thriller “Resistor,” based on Daniel Suarez’s 2014 novel “Influx.” The movie hails from Todd Black, Jason Blumenthal, Steve Tisch and Tony Shaw of Escape Artists, which has been developing the project for years alongside Smith and Jon Mone through Westbrook. Heather Washington is executive producing, and Dave Wilson is a producer.

“Bullet Train” scribe Zak Olkewicz wrote the first draft, while Eric Singer (“Top Gun: Maverick,” “American Hustle”) penned the latest draft. The film is in development and currently in search of a director.

The plot of the film is under wraps, but “Influx” takes place in a dystopian society in which the government uses shady tactics to prevent technological advancement.

Smith’s latest effort with Sony Pictures, the fourth installment in the action comedy franchise “Bad Boys,” has collected $113 million and counting at the domestic box office, and $215.5 million globally. The franchise recently crossed the $1 billion mark at the global box office.

Those box office results marked a big win for Smith, whose career was in jeopardy after he slapped Chris Rock onstage at the Oscars. In fact, “Bad Boys: Ride or Die” nods to that infamous moment with a scene in which Martin Lawrence repeatedly slaps Smith in the face to get him back into his “bad boy” self.

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Marvel’s ‘Blade’ reboot loses director…again

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The Blade reboot has gotten more bad news. After multiple production delays and setbacks, the film has now lost its director… again.

Filmmaker Yann Demange is no longer set to direct the Blade reboot for Marvel Studios. It’s reported that the parting was amicable, but no further clarification was offered as to why Demange departed the project. He becomes the second director to leave the film after first signing on, following the previous departure of Bassim Tariq. Tariq left the project in 2022 after signing on in 2021, and Demange’s hiring was announced in November 2022.

The new Blade movie has similarly been juggling out writers and reportedly undergoing several rewrites. Stacy Osei-Kuffour was brought on board to write a draft in 2021, while it was reported upon Demange’s hiring the following year that Michael Starrbury would rewrite the script. True Detective creator Nic Pizzolatto and Logan co-writer Michael Green have also been attached to contribute to the screenplay at different points. The latest word is that Eric Pearson, who worked on Black Widow and the upcoming films Thunderbolts and The Fantastic Four, is writing the newest draft of Blade.

Reportedly, the Blade reboot is planned to start filming in Fall 2024 to make a November 2025 release date. There’s still time for a new director to be hired in order to continue on with the planned production schedule. With that noted, it’s also possible the movie could end up getting pushed back once again. There were previous rumors that star Mahershala Ali nearly walked away from the project over frustrations with the screenwriting process, though he publicly teased in December 2023 that he was happy with the current direction of the story.

“We’re working on it,” Ali told Entertainment Weekly. “That’s the best I could tell you. I’m really encouraged with the direction of the project. I think we’ll be back at it relatively soon… I’m sincerely encouraged in terms of where things are at and who’s on board and who’s leading the way as far as the writing of the script and the directing and all that. So that’s the extent of what I can tell you.”

The Blade reboot was officially announced by Marvel Studios at San Diego Comic-Con in 2019. In July, it will mark five full years since the movie was first announced. Ali later made his debut in the role with a voice cameo in the 2021 film Eternals.

Blade is scheduled to be released in theaters on Nov. 7, 2025.

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Deadpool & Wolverine director to helm ‘Avengers 5’

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Director Shawn Levy may be sticking around the Marvel Cinematic Universe a bit longer. After he helmed this summer’s “Deadpool and Wolverine,” the director is being eyed by Marvel — though it’s in very early stages — to direct the next “Avengers” movie.

Destin Daniel Cretton, who made 2021’s Marvel movie “Shang-Chi and the Legend of the Ten Rings,” was previously supposed to direct the fifth “Avengers” movie, but he backed out in November 2023. That movie, which is scheduled for May 1, 2026, also does not currently have a title. It was originally named “Avengers: The Kang Dynasty,” but lost that title after Jonathan Majors, who was cast as the time-traveling villain Kang the Conqueror, was convicted of assaulting and harassing his ex-girlfriend. After this untitled “Avengers” movie, the next will be “Avengers: Secret Wars,” set for May 7, 2027.

Levy’s “Deadpool and Wolverine,” which brings together the iconic superheroes played by Ryan Reynolds and Hugh Jackman in Fox’s X-Men universe, will hit theaters on July 26. It will be the first “Deadpool” movie released by Disney after it acquired 20th Century Fox, and it marks the first R-rated MCU movie. Not to mention, it’ll officially bring Fox’s mutants into the proper MCU timeline, which fans have been clamoring for since the acquisition.

Levy previously worked with Reynolds on the 2022 family adventure movie “The Adam Project” (which included Marvel actors Mark Ruffalo and Zoe Saldaña) and 2021’s “Free Guy” (which had Easter eggs nodding to Captain America and Hulk). He’s also worked with Jackman on the 2011 action movie “Real Steel.”

Source: Variety

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