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Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with most seeing a 50% to 70% slip. Box office analysts noted that cold winter weather and storms during the Christmas weekend likely led to slower ticket sales domestically. Additionally, international ticket sales continue to thrive. “The Way of Water” has generated $855 million in global ticket sales since its Dec. 16 release — $254 million domestically and $601 million from international markets.
It’s an important moment for the toy industry, too, with the holiday season upon us. “The definition of adulthood has definitely evolved,” said Jeremy Padawer, chief brand officer at toy company Jazwares. Toy companies have even begun creating their own television and movie content in order to support toy lines. Still, the stakes remain high for the toy industry as it heads into the final weeks of the year. “Right now, adult toy buyers are the reason for growth in the toy business,” Larian said.
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