3 ‘Avatar’ sequels coming, Cameron says

3 ‘Avatar’ sequels coming, Cameron says

'AVATAR' SEQUELS: Filming is set to being in New Zealand, director James Cameron announced on Monday. Photo: Associated Press

WELLINGTON (Reuters) – U.S. film companies 20th Century Fox and Lightstorm Entertainment will make the next three movies in the science fiction “Avatar” series in New Zealand, spending NZ$500 million ($413 million) on live action and visual effects.

The agreement comes after the New Zealand government hiked film industry tax rebates to up to 25 percent from the current 15 percent.

“The Avatar sequels will provide hundreds of jobs and thousands of hours of work directly in the screen sector as well as jobs right across the economy,” Economic Development Minister Steven Joyce said in a statement.

New Zealand will also host one “red carpet” premiere, with the producers also agreeing to promote the country as a tourist destination, and film making venue.

The original “Avatar”, which was nominated for nine Oscars and won three in 2010, was partly made in New Zealand, with special effects done at Weta Digital, which also worked on the Lord of the Rings trilogy, and the Hobbit series.

“Avatar” director James Cameron has a farm in New Zealand.

Movie studio 20th Century Fox is a division of Twenty First Century Fox Inc. Cameron is a founder of Lightstorm Entertainment.

($1 = 1.2105 New Zealand dollars)

Recent Headlines

in Sports

NFL: Week 5 can’t miss games


Here's five games you'll want to watch in Week 5 of the NFL season.

in Sports

Shaq releases children’s book, wants to be known as ‘Dr. of Fun’


NBA superstar Shaquille O’Neal visits the New York Public Library to discuss his first children’s book “Little Shaq.”

in Entertainment

‘Ant-Man’ sequel and three more Marvel movies are coming


The superhero universe will add three more as of yet unnamed movies by 2020.

in Entertainment

Carlton says there won’t be a ‘Fresh Prince’ reboot


Alfonso Ribeiro is adamant there will never be a TV reboot of "The Fresh Prince of Bel-Air," because no one can take the place of their "cornerstone" James Avery.

in Sports

Road teams still perfect in MLB postseason


The Kansas City Royals and Toronto Blue Jays finished with the American League's best records during the regular season, but they find themselves trailing in the division series after dropping their openers.