Avatar: The Way of the Water’s budget was reported to be one of the priciest in Hollywood’s history as The Hollywood Reporter (THR)’s sources noted that it is between the range of $350 million to $400 million. In comparison, the budget for the first Avatar movie was $237 million.
The current most expensive movie in Hollywood is 2011’s Pirates of the Caribbean: On Stranger Tides, with the Johnny-Depp-led film having a budget of $379 million (unadjusted for inflation). If Avatar 2’s budget is higher than On Stranger Tides, it could become the most expensive movie.
Disney and 20th Century Fox, via THR, also revealed that Avatar 2 has officially landed a coveted release in China, making it one of the few Hollywood tentpoles to debut in the country since the pandemic began theatrically. The sequel is also confirmed to open in the Middle Kingdom on Friday, December 16, the same day it hits North American theatres.
The first Avatar was a big hit in China, earning a hefty $261.8 million after several re-releases on its way to becoming the highest-grossing movie.