Considering how Avatar remains the second-highest-grossing movie of all time, it's no surprise the sequel, Avatar 2, has an enormous budget. However, quite how much money was being spent on the huge CGI follow-up has been a hot topic of conversation in Hollywood.
In a report detailing how movie productions in New Zealand are allowed to get up and running again following the easing of coronavirus lockdown measures in the country, Deadline claims that the Avatar sequels have a $1 billion budget. It's currently unclear whether that money has been spent on Avatar 3, 4, and 5 or just Avatar 2 and 3, which have been filmed back-to-back. For comparison, Avengers: Endgame and Infinity War – which were shot back-to-back – are rumoured to have cost upwards of $700 million between them, though this has not been confirmed.
The report also details how The Lord of the Rings TV show, which also has a rumoured budget of $500 million for multiple seasons, could resume filming in New Zealand. However, with the bulk of filming finished on the show's first two episodes, they are taking an already-planned break to analyse the best way forward with the series. Find out more about The Lord of the Rings TV show through that link.
Meanwhile, the first images from the set of Avatar 2 were revealed recently, teasing the movie's underwater setting.
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