Avatar director James Cameron says he plans to make three sequels to his hit sci-fi film.
Cameron made the announcement that there would be three more installments to the already two-part film series Monday, alongside producer Jon Landau and New Zealand Prime Minister John Key. Lightstorm Entertainment and Twentieth Century Fox will be taking on the films.
Avatar was nominated for, and won, three Academy Awards and is still the highest-grossing movie in film history.
James says he plans to tackle all three projects at once, wrapping principal shooting over a period of nine months.
The films will be shot in New Zealand, Cameron confirmed. The country’s government has agreed to accept a 25 percent financial rebate for the film. Though James did not disclose the budget, he says he expects all three films together to cost no more than $1 billion.
The first sequel is expected to hit theaters in 2016. Will you be watching?
SOURCE: Fox News | PHOTO CREDIT: WENN
