News

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)

Latest Stories

1 hour ago in Local Sports, Sports, UVA Sports

Virginia Baseball Wins Over North Carolina, 3-2

Fresh
Baseball

The Virginia baseball team won 3-2 over North Carolina on Friday night. The Cavaliers were led by Brandon Downes with 3 RBI and Nathan Kirby with 12 strikeouts. Virginia and North Carolina will continue their series Saturday at 1:00 pm.

yesterday in Sports

Sportscaster Craig Sager battling leukaemia

craig

The longtime sideline reporter is in the fight of his life.

yesterday in National

Making headlines this week

AP52048984409_2

A look at the week's top newsmakers and the stories you may have missed.

yesterday in Sports

This weekend’s sports schedule

blackhawks

A complete look at this weekend's sports schedule.

yesterday in Viral Videos

When a brother loses a bet

Dance Bet

A guy loses a bet to his younger brother and must dance on a busy street corner for 30 minutes. What happens next is amazing.