KUWAITCITY(IAMINKUWAIT) : Unfortunately, Walt Disney Co blended James Cameron's Avatar fans with the biggest revenue in the history of cinema when it premiered in 2009. The company announced the postponement of Avatar 2 to December 2021, After it was due to be released in 2020. Walt Disney, which obtained the rights to produce Avatar and many other films by buying recent movie and television production assets from 21st Century Fox Inc. owned by Robert Murdoch, thereby strengthening its dominant position in theaters. Based on the new December 2021 deadline, Walt Disney delayed the screening of Avatar 3 movies until December 2023 and Avatar 4 to December 2025 and Avatar 5 until December 2027. Movie director James Cameron revealed last year that he began filming the second and third parts of the series and wrote the fourth and fifth films. The film, which swept the world's cinemas, had more than $ 2.8 billion in 2009, but experts say it may soon lose its long-held record for Disney's successful Avengers: Endgame produced by Marvel Studios. Disney revealed that it will feature new Star Wars movies in December 2022, 2024 and 2026. The production of Star Wars films has accelerated in recent years. After producing six films in 38 years, the number rose to four new works in two and a half years between The Four Oaks in December 2015 and solo in May 2018. Great profits News Corp. owned by businessman Rupert Murdoch made a huge profit from the film, earning in one quarter revenues of $ 839 million, due to the film. The company's TV stations generated operating profit of $ 588 million, an increase of 38%, largely due to the improved advertising climate in that period.
Courtesy : alqabas.com