Avatar Still Holds Box Office Record $2.8 Billion

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Avatar Still Holds Box Office Record $2.8 Billion

© Courtesy of Walt Disney Co.

Avatar, James Cameron’s 2009 mega hit, continues to hold the record for total global box office at $2.778 billion worldwide. Its U.S. ticket sales were $721 million, according to Box Office Mojo. The numbers are so extremely high that the new Starwars movie, “Starwars: The Force Awakens”, may not catch Avatar

“Starwars: The Force Awakens” has posted extraordinary numbers, but as is true with all movies, they will begin to taper off. Its sales so far have reached $890 million worldwide, with $440 million of that in the U.S.

Box Office Mojo researchers have tried to predict the pattern of sales for the new film:

Once again Star Wars: The Force Awakens is poised to break even more box office records over Christmas weekend. However, after five days of record-breaking activity it’s this holiday season’s new wide, expanding and limited releases that could prove equally interesting. Four new films are releasing in 2,800+ theaters this weekend with Daddy’s Home the widest release of the lot at 3,271 theaters. Looking back over the years this has been a prime weekend for new releases, begging the question as to whether Star Wars steals eyeballs or if it simply does its thing while the other titles play as they normally would.

Box Office Mojo tried to gauge the rate at which the new movie will chase Cameron’s:

Star Wars will most certainly take the weekend top spot with a second weekend well above $100 million. We’ve been tracking it’s daily performance in comparison to Avatar as its 33.8% Monday drop matched that of the domestic and worldwide box office champ. Tuesday’s 6.85% drop was a little higher than Avatar’s 1.83% drop, but Wednesday got things back on track with a 1.7% increase compared to Avatar’s 2.23% increase on its first Wednesday, which keeps the comparison alive heading into the weekend.

The result of the competition will not be in for months. In the meantime, Cameron can rest assured the his movie may keep the top spot for the near term future

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618