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48%  
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  • "Avatar: The Way of Water" disappointing debut irks Disney investors

    12/20/2022 12:44:43 PM PST · by Red Badger · 77 replies
    Axios ^ | December 19, 2022 | Tim Baysinger, Sara Fischer
    Shares in Disney have dropped by nearly 5% in response to a disappointing debut for its highly anticipated "Avatar" sequel "The Way of Water." Why it matters: Investors are looking to see whether Disney can increase profitability in its traditional businesses, like theaters and parks, as its streaming losses continue to mount. "Avatar: The Way of Water" needs to bring in at least $2 billion globally over its lifetime to reach profitability. * Its performance will determine whether the famous James Cameron movie franchise lives on past its second installation. Details: The sci-fi sequel brought in $134 million in its...
  • 'AVATAR' SEQUEL SOLID OPENING BOX OFFICE ...But Still Underperforming

    12/19/2022 9:07:47 AM PST · by Red Badger · 51 replies
    TMZ ^ | 12/17/2022 3:54 PM PT | Staff
    The new 'Avatar' movie has already raked in an impressive amount in ticket sales for day 1 of its opening weekend -- but big picture ... it looks like this one's gonna disappoint. James Cameron's 'The Way of Water' -- the long-awaited sequel to 2009's smash hit "Avatar" -- was able to pull in about $53 million Friday (which includes around $17 mil from Thursday previews) ... and, as of now, is on track to make between $130M-$150M through Sunday. That might sound impressive ... but it's actually a bit of a bummer considering the early projections for this were...