If someone was going to make a movie about director James Cameron, it might be titled Cameron: The Way of Money.
For the fourth straight weekend, Avatar: The Way of Water topped the domestic box office, adding another $45 million to its already overflowing coffers. The Way of Water has earned $516.8 million in North America in less than a month and shows little signs of stopping. The Avatar sequel is doing even better overseas, if you can believe it. Add in its international grosses, and The Way of Water has banked more than $1.7 billion total. Yep, you could say that The Way of Water is making cash in … waves.
Now, let’s just rewind our conversation for a minute and recall that back in November, Cameron told GQ Magazine that The Way of Water would have to be “the third or fourth highest-grossing film in history” to turn a profit. According to Box Office Mojo, the flick is now the seventh highest-grossing film on the books, and Variety says that The Way of Water has already sprinted past the break-even point (which, sources told the magazine, was actually a mere $1.4 billion).
“It looks … like I can’t wiggle out of this and I’m gonna have to do the other sequels,” Cameron told Variety. And with another three Avatar films planned, he added, “I know what I’m going to be doing the next six or seven years.”
How does Cameron continue to set box-office records? Well, the Plugged In staff will be talking about that very thing on an upcoming podcast.
But The Way of Water wasn’t the only film to draw an audience this weekend. Newcomer M3GAN made its own waves, exceeding projections and collecting an estimated $30.2 million in its opening weekend. Box Office Mojo reports that this is the best opening for a horror film since COVID-19 hit.
Puss in Boots: The Last Wish finished third this weekend with $13.1 million. It’s now earned $87.7 million in scratch, showing that family films can still hold their own at the box office. Tom Hanks’ A Man Called Otto finished fourth with $4.3 million, and Black Panther: Wakanda Foreverwrapped up the top five by collecting another $3.4 million. Its own domestic gross stands at $445.4 million.
Oh, and can we point out one last thing before you leave you today? Despite a host of R-rated Oscar-bait flicks floating about the multiplex, every single entrant in this week’s top five was rated PG-13 or below. If only that became less of an anomaly and more of a trend.