Avatar's Success: Hooray for Hollywood and the U.S.?


As 2009 in Hollywood ends with a 3D bang, box offices are already gearing up for Avatar 2. It's not that Avatar director James Cameron has already rushed out a highly anticipated sequel. Rather, observers are bracing for the revenue avalanche his movie will generate in its third weekend onscreen -- even as they debate the movie's effect on their industry and the staying power of its pioneering production techniques.