Disney’s (DIS) “Avatar: The Way of Water” delivered director James Cameron his first $100-million opening weekend — but missed industry expectations of $170 million-plus.
The much-anticipated sequel, which runs 3 hours and 12 minutes, secured roughly $134 million in domestic markets — tying with Warner Bros.’ (WBD) “The Batman” as the fifth-highest opener of 2022, according to Comscore data.
Disney closed Monday’s trading session down 4.8% — the lowest level since March 2020.
The studio…
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