James Cameron’s Avatar: The Way of Water sails to second week atop the box office

“This is James Cameron’s first $100 million opener,” said Paul Dergarabedian, senior media analyst for Comscore “For this movie to have opened that big and only dropped 58%, it shows it has staying power.”

Globally, The Way of Water is already the third highest-grossing film released in 2022, bringing in $855 million — putting it behind only Top Gun: Maverick and Jurassic World Dominion — and is a lock to surpass $1 billion.

It’s also clear sailing for the film looking ahead, with more holiday time coming and no comparable competition until February, when Marvel’s Ant-Man and the Wasp: Quantumania is released.

Storms across the US could keep people home, however.

“The biggest foe that Avatar is facing at this moment is the weather,” Dergarabedian said.

Universal’s animated Shrek spinoff, Puss in Boots: The Last Wish, featuring the voices of Antonio Banderas and Salma Hayek, finished a distant second with $11.35 million in its opening weekend.

Sony’s biopic Whitney Houston: I Wanna Dance With Somebody finished third with $5.3 million.

The weekend’s biggest disappointment was Babylon, the epic of early Hollywood from La La Land director Damian Chazelle starring Brad Pitt and and Margot Robbie. In a nationwide release it brought in just $3.5 million, finishing fourth.

The tepid, $6.5 million opening weekend in October of director David O. Russell’s Amsterdam, another film, set in a similar period, that combined prestige, scope, star power and a celebrated auteur, brought industry worries that audiences just weren’t flocking to theaters for such films.

The concerns proved justified, as Babylon barely made more than half of the opening of Amsterdam.

The coming weeks in theaters, streaming showings and any nominations it may get could help Babylon rise above bomb status.

“I would say Babylon is a movie that isn’t about the opening weekend,” Dergarabedian said. “We’ll have to see what it does in the coming weeks then into the new year, particularly if it gets more awards buzz.”

Estimated ticket sales for Friday through Sunday at US and Canadian theaters, according to Comscore, with Wednesday through Sunday in parentheses.

1. Avatar: The Way of Water, $56 million.

2. Puss in Boots: The Last Wish, 11.35 million.

3. Whitney Houston: I Wanna Dance with Somebody, $5.3 million.

4. Babylon, $3.5 million.

5. Violent Night, $3.14 million.

6. Black Panther: Wakanda Forever, $3 million.

7. The Whale, $924,000.

8. The Menu, $617,000.

9. The Fabelmans, $550,000.

10. Strange World, $410,000.