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Disney’s ‘Avatar: The Way of Water’ gets coveted China release



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Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully familyDisneyDisney’s “Avatar: The Way of Water” has landed a coveted release in China, a promising sign for a film that needs big box office sales to offset its massive budget.The long awaited sequel to 2009’s “Avatar” is one of only a few Hollywood films that have been granted access to the Chinese market in recent months. Government officials in the region, which began tightening restrictions on Western films even before the pandemic, have been strict about which films can be screened for its entertainment hungry audience.related investing news One global tech stock that was a top performer last week could surge 63% more, analysts say2 days agoThe news was first reported by The Wall Street Journal and was posted on 20th Century Studios’ official Weibo account.Director James Cameron has not placed a price tag on “The Way of Water,” but estimates suggest it is in excess of $250 million. The writer and director told GQ magazine that the sequel budget is so high, that the film will need to become the third or fourth-highest grossing film in history to break even. That means the film will need …

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