'Avatar: The Way of Water' fell short of box office expectations, but international ticket sales spark hope that the sequel could still pull in a substantial haul.
"The Batman," which also generated $134 million during its domestic opening in March, as the fifth-highest opening of the year, according to data from Comscore.
"Because most people are loving the film, the sugar high of that enthusiasm inspired some opening weekend predictions that the historical data and various headwinds for the film don't support," said Paul Dergarabedian, senior media analyst at Comscore. "That said, 'The Way Of Water' has many factors working in its favor that ensure its long-term prospects for massive global success.
"Although the film is opening on the low end of expectations, it's important to again emphasize the long-term outlook," said Shawn Robbins, chief media analyst at BoxOffice.com. "Audiences are showing a strong preference to see the film in premium formats, factoring into the volatility noted in pre-release forecasts."
Premium formats, which include IMAX, Dolby Cinema and Motion auditoriums accounted for 62% of all tickets sold. A whopping 57% of that total was for 3D tickets. Premium format tickets are more expensive than traditional tickets.
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