Avatar re-release: earns 1 crore rupees in India advance bookings, targets 20 million dollar worldwide

• Image Credit: Internet

• Sep 23, 2022 | Kabir Chakraborty

Despite competition from Brahmastra and Chup, trade analysts estimate it can have a 5-crore weekend in India. Avatar made $1.04 million in advance ticket sales, according to industry tracker Sacnilk, selling 77,559 seats.

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mso-themecolor:text1">Digital Desk: The highest-grossing movie of all time,
Avatar by James Cameron, was rereleased in theatres on Friday, September 23.
The movie broke all previous box office records when it was initially released
in 2009. The movie is currently on its third run, which was coordinated to
coincide with the promotion for its future sequel. The movie has once again
been able to garner respectable box office receipts on a global scale, with a
target of $15–20 million.

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mso-themecolor:text1">James Cameron's movie did well in India on Friday thanks
to National Cinema Day's lower ticket pricing, selling 1 crore worth of tickets
just from advance reservations.

Despite competition from Brahmastra and Chup,
trade analysts estimate it can have a 5-crore weekend in India. Avatar made $1.04
million in advance ticket sales, according to industry tracker Sacnilk, selling
77,559 seats.

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The
movie was released on Thursday itself in five markets around the world.

 According to a report in The Collider, it earned $877k altogether during the
course of Thursday from France, Korea, Saudi Arabia, Belgium, and the
Philippines.

mso-themecolor:text1">US analysts expect that the movie would earn between $7
and $12 million on Friday in the North American market, according to a CNBC
report. It can make as much money abroad, particularly in India, according to
other trade sources, bringing the day one global revenue to $15 to $20 million.
This is a big sum for a re-release and will help the movie's already impressive
global box office performance.

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With
a $2.8 billion global total, Avatar is the highest-grossing movie of all time.
It momentarily relinquished this throne to Avengers: Endgame in 2021, but the
additional revenue helped it regain it after it was released in China later
that year. The third wave will probably aid in the film's further
consolidation.