In the first week of 2022, James Cameron announced on HBO Max’s “Who’s Talking to Chris Wallace” that he would officially proceed with his planned “Avatar” sequels after “Avatar: The Way of Water” reportedly took a turn made profit (via The Hollywood Reporter). Cameron told Wallace: “It looks like with the momentum it has now, the film will easily survive our breakeven over the next few days, so it looks like I can’t squirm out, me gotta do those other sequels.”
As for Cameron’s overall goal and vision for the film series, the Titanic director explained that those things aren’t entirely his. “I’m sure we’ll soon be having a discussion with the top people at Disney about the Avatar 3 gameplay that’s already in the can,” Cameron said. “We’ve already shot and photographed the entire film, so we’re in advanced post-production to do all that CG magic. And then ‘Avatar 4’ and ‘5’ are both written.”
Cameron added, “I know what I’m going to do for the next six or seven years.”
According to reports, Avatar: The Way of Water needed to rake in at least $2 billion to break even and get the green light for the sequels. But Cameron insists he never actually released a number, telling Wallace: “I said it had to be one of the highest-grossing films in history and someone else applied that number and it was picked. The number is actually lower.” Box Office Mojo is currently showing The Way of Water with ticket sales in excess of $1.5 billion at the time of this writing.