Thursday, December 15, 2022

Avatar: The Way of Water box office prediction: James Cameron film sells 1 million advance tickets, earning Rs 40 crore on Day 1 in India

 Avatar: Thirteen years after Avatar saw record-breaking attendance in movie theaters, The Way of Water is coming. It grossed 2.7 billion dollars worldwide during its theatrical run. Now, it remains to be seen whether Avatar 2 will surpass this mark.

Avatar: The Way of Water, James Cameron's follow-up to Avatar, the highest-grossing film of all time, is scheduled to open worldwide on December 16. The movie comes out 13 years after Avatar broke attendance records in movie theaters. During its global theatrical run, it made $2.7 billion. Now, everyone is watching The Way of Water, and experts in the film industry are excited to see if Cameron can recreate history at the ticket counters.

Avatar: Sam Worthington and Zoe Saldana reprise their roles as Jake Sully and Neytiri, respectively, in The Way of Water. They now have five children, but the "sky people" who are after Jake interrupt their happy life. As a result, Jake and his family escape to the Metkayina clan, where they must learn how to use water to survive.

With the release of Avatar 2, film exhibitor Akshaye Rathi is "looking at some historic collections." "I am sure it will grow into the highest grossing Hollywood film this year," he stated to Because James Cameron is so much more than just a filmmaker, it will also be the highest-grossing Hollywood film ever in this country. I don't think anyone else makes immersive big-screen spectacles like he does. When the first Avatar came out two decades ago, it revolutionized the way technology was used and combined storytelling with technology to make great movies. He predicted that the film would bring in between Rs 35 and 40 crore on its opening day across all languages.

Avatar 2's biggest problem, though, is that it will only play on about 3,000 screens in India. Girish Johar, a film producer and trade analyst, said that the movie is getting a "massive craze" but will only be available in 2K. "Hollywood films do not release in every kind of projection system," Akshaye Rathi added.

It has been questioned whether moviegoers are still interested in the Avatar film series due to the significant gap between the two films. Johar stated, "There is a good awareness level among the audience because Avatar has been a huge film and people have been watching it on small screens all these years. Since the first part was recently re-released in theaters, its fans are eagerly anticipating the second version. He estimated that the film would make Rs 40 crore on its opening day in all languages.

"Will Avatar 2 make money in a new market?"

James Cameron is uncertain about his film's future, even though Avatar 2's box office performance is the focus of all attention. "Can we be profitable in changed market?," he recently told Reuters. Or are we merely the final dinosaur to die after the comet? I am unable to disclose that at this time. The market has contracted as a result of the double blow of the pandemic and streaming, which worries me.

The epic sci-fi film's budget has not been officially disclosed by the makers, but estimates indicate that $350 million was spent, making it the most expensive film ever made. Based on the film's popularity in India, it appears that the film will recover a significant portion of this sum from the country.

The majority of Avatar 2's audience in India would reside in Tier 1 cities. However, considering the film's reasonable ticket prices, it might also attract people from Tier 2 and Tier 3 towns. According to Akshaye Rathi, "Avatar 2 primarily targets a more urban audience." Even if it doesn't do particularly well in Tier 2 and Tier 3 towns, I wouldn't be surprised if it does. It should be made available monetarily and mentally to the biggest conceivable crowd by keeping up the right ticket valuing. The Tier 2 and Tier 3 audience will unquestionably attend if we can make the ticket price more affordable.

"Avatar has reached one million tickets in advance sales" Advance ticket sales are increasing daily in the nation. The national movie theater chains PVR, INOX, and Cinepolis have already sold nearly 4.5 lakh tickets as of the writing of this article. “#Avatar *advance booking* status at *national chains* [#PVR, #INOX, #Cinepolis]... Till Wednesday, 11 am... F: 1,84,096 ⭐️ S: 1,38,577 ⭐️ S: 1,19,287 tickets were sold. 4,41,960 "AvatarTheWayOfWater" followers.

BookMyShow's COO for Cinemas, Ashish Saksena, stated, "Avatar: On BookMyShow, advance reservations for The Way of Water have already sold one million tickets, and this number is expected to rise as the movie gets ready for its December 16 release. The Hindi version of the movie is closely followed by the English version on BookMyShow, demonstrating the franchise's strong and language-independent appeal."

Additionally, he disclosed that Bengaluru, Mumbai, Chennai, and Hyderabad were among the first to reserve tickets for Avatar 2.

It would appear that the disagreements between the producers of Avatar 2 and the Film Exhibitors United Organization of Kerala (FEUOK) regarding the terms of profit sharing have been resolved. The movie is quite popular in Kerala's south. It will be shown in approximately 300 screens across the state. The Film Exhibitors United Organization of Kerala (FEUOK) president Vijaykumar stated, "The expectations for Avatar 2 in Kerala are very high." A record collection is what we anticipate. 300 screens will be used for the release. The majority of Hollywood films debut on fewer than 100 screens. We anticipate that this movie will earn at least Rs 100 crore in Kerala alone. At the time, Avatar 1 had earned Rs 10 crore.

However, the film's fate in Tamil Nadu will not be decided until after its release. In Tamil Nadu, the booking rate is very average. When compared to Avatar 1, Avatar 2 has lower expectations. After the opening, we won't be able to tell how well this movie will do. Although not all of the theaters have been confirmed, the producers are still negotiating with the exhibitors. It would debut on approximately 200 screens in this country in its current state. According to Tiruppur Subramaniam, President of the Tamil Nadu Theater Owner Association, "big Hollywood films typically get between 400 and 450 screens in Tamil Nadu."

Initial reactions to Avatar include: The Method of Water have begun pouring in, and pundits and moviegoers are consistent in their acclaim for Cameron's way of filmmaking. Avatar 2's potential to surpass Avatar as the world's highest-grossing film remains to be seen.

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