Cameron to film 3 'Avatar' sequels in New Zealand
WELLINGTON, New Zealand – Director James Cameron announced Monday, December 16, he will film three sequels to his record-breaking epic "Avatar" in New Zealand after striking a deal with the government for increased production subsidies.
Cameron said the movies, with a combined budget of at least NZ$500 million (US$415 million), would be shot back-to-back and released from late 2016.
Aside from an increased subsidy that will account for up to 25% of the films' budget, Cameron said New Zealand offered highly skilled production crews and world-class special effects.
"I've worked with crews all over the world, quite a bit in the US and Canada, and you don't have that same spark," he said.
The original "Avatar", released in 2009, remains the highest-grossing movie of all time, earning US$2.78 billion worldwide, according to industry website boxofficemojo.com.
Watch the 2009 "Avatar" trailer here: