Oscar Predictions – Avatar: The Way of Water

Avatar: The Way of Water surfaces on your 3D and IMAX screens this Friday. It is, of course, James Cameron’s follow-up to 2009’s original which still stands as the biggest worldwide grosser of all time (and third overall domestically). The social media embargo lifted last week and the common refrain was “don’t bet against James Cameron”. I held off on my Oscar speculation until the official review embargo lapsed. That happened today.

Currently at 85% on Rotten Tomatoes (part 1 ended up at 82%), many critics are claiming this is an improvement over the first. Some of the same gripes remain including that it is overlong (3 hours and 12 minutes) and underdeveloped in its screenplay. Praise for its technical work is more universal.

In 2009, Avatar made an Oscar splash with nine nominations: Picture, Director, Art Direction (now Production Design), Cinematography, Film Editing, Original Score, Sound Editing, Sound Mixing (the Sound races are now combined), and Visual Effects. It won 3 – Art Direction, Cinematography, and Visual Effects.

Water has a chance of receiving the same number of nods. On Monday, the Golden Globes put it in their five for Picture (Drama) and Director. I already believe the Academy will make room for this in BP. It should be the second massive international blockbuster (alongside Top Gun: Maverick) in the mix. Cameron showing up in the directing quintet is not as automatic.

Let’s dispense with the easiest items. This is going to win Visual Effects just like its predecessor. That’s one of the slam dunk categories you can cross off already. Production Design and Cinematography and Sound are all probable inclusions. I’m less certain about the score and editing. Then there’s the Weeknd, who contributed the song “Nothing Is Lost (You Give Me Strength)”. I’m not so sure about its strength in that competition. He needs to overcome other superstars such as Lady Gaga, Rihanna, Taylor Swift, and Billie Eilish and that could be a tall order.

You’ll notice I haven’t discussed the performances or the screenplay. While there’s kudos for returnees like Zoe Saldana and Sigourney Weaver (in a different role than in 2009), don’t expect the acting to capture the attention of voters. Given that the writing is the most faulted aspect, don’t hold your breath expecting Cameron and cowriters Rick Jaffa and Amanda Silver to contend.

Bottom line: Avatar: The Way of Water looks to be Cameron’s third movie in a row (after Titanic and Avatar) to be in the BP race. Look for its nomination total to be at least 4-5 and maybe more. In other words, to borrow a phrase from most of Twitter last week, don’t bet against James Cameron. My Oscar Prediction posts will continue…

Avatar: The Way of Water Box Office Prediction

Hollywood looks to be awoken from its box office slumber when Avatar: The Way of Water surfaces on December 16th. After plenty of delays in the release date, James Cameron’s sequel to his 2009 record breaking phenomenon comes with a reported budget in the neighborhood of $400 million. Clocking in at 3 hours and 12 minutes, the 3D sci-fi epic is the only newcomer on the pre-Christmas weekend and it should dominate the marketplace. Sam Worthington, Zoe Saldana, Stephen Lang, Joel David Moore, CCH Pounder, Giovanni Ribisi, Dileep Rao, and Matt Gerald reprise their roles from part 1. Joining the Pandora universe for the first time are Kate Winslet, Cliff Curtis, Edie Falco, Jermaine Clement, and Brandon Cowell. Sigourney Weaver appears in a different part from 13 years ago.

It’s dangerous to underestimate Cameron. This is only his third feature in a quarter century. 1997’s Titanic withstood shaky buzz during its filming and became the highest grossing film of all time. That record stood for 12 years until it was broken by (you guessed it) Avatar, which also had troubling word-of-mouth until it didn’t. With $785 million domestically (which includes a September re-release which did impressive business), Avatar still ranks fourth all-time stateside behind Star Wars: The Force Awakens, Avengers: Endgame, and Spider-Man: No Way Home. The international tally is $2.1 billion and that ranks as #1.

There are legitimate questions as to the sequel’s potency. 13 years is a long time between entries. Are younger viewers excited for a trip back to the planet with all the blue people? Disney and 20th Century Studios need this to make a splash as a third Avatar arrives in two years with fourth and fifth (and possibly more) editions planned.

One number is easy to know. The Way of Water will have no problem dwarfing the $77 million that Avatar made for its debut before it became the must-see picture for months. It was #1 for 7 weeks. The sequel is expected to take in double that figure with $160 million generally being considered the floor. The ceiling could be $200 million (and perhaps higher) though its length could hinder that possibility. There’s also some older moviegoers who may not feel the need to rush out opening weekend to view it.

I believe $175-185 million is likely for the Sully family as they land in theaters once again. My projection gives it the 14th biggest domestic premiere of all time between Iron Man 3 and Harry Potter and the Deathly Hallows Part 2. That’s also the 3rd largest opening haul of 2022 behind Doctor Strange in the Multiverse of Madness and Black Panther: Wakanda Forever.

Avatar: The Way of Water opening weekend prediction: $173.1 million