Avatar: The Way Of Water Will Make A Profit Of $500 Million-Plus, Report Says
gamespot.com
2 min read
Avatar: The Way Of Water Will Make A Profit Of $500 Million-Plus, Report Says
Prior to the release of Avatar: The Way of Water, many people questioned if the film could find an audience given that it had been more than 10 years since the first film. The sci-fi movie ended up being a smash hit, though, earning $2.3 billion worldwide to become the No. 3 highest-grossing movie of all time. The 2009 original Avatar remains No. 1 with $2.92 billion.
But how much profit did The Way of Water make? According to Deadline, The Way of Water earned Walt Disney $531.7 million. A P&L sheet from Deadline shows The Way of Water earned $2.3 billion at the global box office, of which Disney retained $1.26 billion after distribution fees. For context, Disney kept an average of 55% of box office revenue for The Way of Water.
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Disney booked another $150 million in revenue for The Way of Water’s home release and $200 million from television and streaming rights, Deadline reported. In total, Disney generated a total revenue figure of $1.618 billion from The Way of Water, according to the report.
In terms of expenses, The Way of Water reportedly carried a $400 million production budget, with a further $175 million spent on advertising. Total expenses were $1.087 billion. Disney is said to have paid writer-director James Cameron and producer Jon Landau a bulk of the $300 million in participation fees, while the actors received “crazy” upfront payments in lieu of backend participation. For comparison, Cameron was paid a reported $350 million for the first Avatar.
Subtracting from $1.618 billion in total revenue and you get a total profit to Disney of $531.7 million. Head to Deadline to see a full accounting of The Way of Water’s box office success.
The Way of Water’s massive success at the box office paves the way for Cameron to finish and release the planned sequels Avatar 3, 4, and 5. Avatar 3, which is set for release in December 2024, will show a darker side of the Na’vi, while Avatar 5–if it’s made–will take the action to Earth.
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