Box Office: ‘Avatar 2’ Scores $56 Million in Second Weekend, ‘Babylon’ Bombs at Christmas

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Box Office: ‘Avatar 2’ Scores $56 Million in Second Weekend, ‘Babylon’ Bombs at Christmas
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All three new major movie releases fell short of expectations as horrible winter weather kept moviegoers at home

” and Sony’s Whitney Houston biopic “I Wanna Dance With Somebody” — as well as the “Avatar” sequel will attempt to make up ground in the next week. Many Americans take off between Christmas and New Years, so it’s a popular time to go to the movies.

With promising business during the week, the “Avatar” sequel has grossed $601 million internationally and $855.4 million globally, making it the fifth-highest grossing movie of 2022 after just 10 days in theaters. By the end of the year, the $350 million-budgeted tentpole is aiming to hit the $1 billion mark. Only two other movies, “Top Gun: Maverick” and “Jurassic World: Dominion,” have managed to hit that benchmark this year.

That’s a problem because the movie cost roughly $80 million to produce and tens of millions more to market, meaning the Oscar-hopeful will become a money loser unless business picks up in the coming days. Internationally, where the film isn’t opening until late January, should help ticket sales.

“Puss in Boots: The Last Wish,” a sequel set in the “Shrek” universe, landed in second place with $11.3 million from 4,099 locations over the weekend and an estimated $17.7 million through Monday. Since the film opened on Wednesday, those ticket sales would bring its domestic total to $24.6 million. The film has generated $32.5 million internationally and $57.2 million worldwide. Without any competition from family films until “The Super Mario Bros.

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