Director James Cameron has announced plans to make three sequels to his 2009 sci-fi blockbuster movie Avatar in New Zealand.
Cameron made the announcement with producer Jon Landau and New Zealand Prime Minister John Key.
MarkMeets were told that the Avatar sequels will be made in New Zealand. The move means at least NZ$500 ($413m, £254m) will be spent in New Zealand and hundreds of jobs created.
The films will be made by Lightstorm Entertainment and Twentieth Century Fox.
Avatar won three Academy Awards and is the highest-grossing film in history.
Cameron says he plans to complete principal shooting on the three movies at one time, perhaps over a period of about nine months.
New Zealand’s government has agreed to a 25 per cent financial rebate.
Cameron expects the first sequel to be released in 2016.
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