James Cameron will be working with Avatar 2 & 3

With the record breaking success of "Avatar", James Cameron will start scripting two "Avatar" sequels early 2011 and plans to begin production back-to-back later that year.

Cameron and 20th Century Fox are hoping for December 2014 release for "Avatar 2" and December 2015 for the third installment.

Press Release:

Moving forward with the most anticipated films of the next decade, Fox Filmed Entertainment Chairmen Jim Gianopulos and Tom Rothman announced today that Academy Award®-winning filmmaker James Cameron has agreed to make AVATAR 2 and 3 as his next films.

AVATAR 2 & 3 will be produced by Cameron and Jon Landau for Cameron’s Lightstorm Entertainment.

Cameron, who had always viewed AVATAR as the creation of a new world and mythology, will begin work on the scripts early next year with an eye towards commencing production later in 2011. Cameron will decide if he will shoot the films back-to-back after he completes the scripts, but the release of the first, as yet untitled sequel, is targeted for December 2014, with the third film contemplated for a December 2015 release.

Avatar is the highest grossing film of all time, taking in nearly $2.8 billion in worldwide box office.

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James Cameron's "Avatar" still on top (4th week)

In its fourth week, James Cameron's "Avatar" still reigning supreme at the top spot as it raked in another $48,500,000, totaling to $1,331,140,000 (The second-highest grossing picture ever worldwide).

(January 8-10, 2010)

1. Avatar - $48,500,000
*$429,040,000
2. Sherlock Holmes - $16,610,000
*$165,178,000
3. Alvin and the Chipmunks: The Squeakquel - $16,300,000
*$178,184,000
4. Daybreakers - $15,000,000
*$15,000,000
5. It’s Complicated - $11,007,000
*$76,370,000

* indicates total box office take since opening.
Full list of Box Office Totals after the jump.

Full list of Box Office Totals

James Cameron's "Avatar" second-highest grossing picture worldwide with $1,131,752,464

After reaching the $ 1 Billion mark last week, James Cameron's "Avatar" jumps from 4th to 2nd place to became the second-highest grossing picture worldwide, generating $1,131,752,464.

Avatar surpassed "The Lord of the Rings: The Return of the King" ($1,119,110,941), "Pirates of the Caribbean: Dead Man's Chest" ($1,066,179,725) and "The Dark Knight" ($1,001,921,825).

Avatar will tray to take the spot from James Cameron's own #1 global blockbuster sinking ship "Titanic" which has a box office record of $1,842,879,955.

Avatar still no.1 (3rd week); Reaching $1.02 billion worldwide

James Cameron's "Avatar" is still conquering the weekend box-office and it's on the third week. Reaching $1.02 billion in ticket sales, it's the fourth highest-grossing picture ever worldwide surpassing "The Dark Knight".

(January 1-3, 2010)

1. Avatar - $68,300,000
*$352,111,000
2. Sherlock Holmes - $38,385,000
*$140,675,000
3. Alvin and the Chipmunks: The Squeakquel - $36,600,000
*$157,345,000
4. It’s Complicated - $18,700,000
*$59,105,000
5. The Blind Side - $12,650,000
*$209,052,000

* indicates total box office take since opening.
Full list of Box Office Totals after the jump.

Full list of Box Office Totals

James Cameron "Avatar" at the top spot with $73 million; $232 million worldwide

James Cameron sci-fi flick "Avatar" raked in $232 million in its worldwide debut this weekend, including a strong $73 million nationwide (US).

Disney's "The Princess and the Frog" slides to the second spot with $12,224,000 (*$44,756,000) while Sandra Bullock's "The Blind Side" raked in another $10,030,000, totaling to $164.7 million. This Sandra Bullock Bullock's highest grossing movie to date.

December 18-20, 2009

1. Avatar - $73,000,000
*$73,000,000
2. The Princess and the Frog - $12,224,000
*$44,756,000
3. The Blind Side - $10,030,000
*$164,734,000
4. Did You Hear About the Morgans? - $7,000,000
*$7,000,000
5. The Twilight Saga: New Moon - $4,370,000
*$274,561,000

indicates total box office take since opening.
Full list of Box Office Totals after the jump.

Full list of Box Office Totals