WELLINGTON, New Zealand (AP) — Director James Cameron announced Monday he will make three sequels to his 2009 sci-fi blockbuster movie "Avatar" in New Zealand.

Cameron made the announcement in the capital Wellington with producer Jon Landau and Prime Minister John Key. The films will be made by Lightstorm Entertainment and Twentieth Century Fox.

"Avatar," which was shot and made in New Zealand, won three Academy Awards and is the highest-grossing film in history, with an international box office take of nearly $2.8 billion.

Cameron said he plans to complete principal shooting on the three movies at one time, perhaps over a period of about nine months and beginning in 2015. He said the aim is to release the first sequel in time for Christmas 2016 and the following sequels in late 2017 and late 2018.

"It's quite a thrill to be officially saying that we're bringing the Avatar films to New Zealand," he told a press conference. "We had such a wonderful experience here making the first film."

Cameron said work has already begun on the writing and design of the movies.

New Zealand's government has agreed to a 25 percent rebate for the films, meaning it will pick up one-quarter of the tab. The agreement states that Lightstorm and Twentieth Century Fox will spend at least $413 million in New Zealand on the movies.

As is typical with blockbusters, Cameron declined to disclose a budget. But he did say he expects that economies of scale will help the three movies together cost less than $1 billion.

He said that he intends to make the movies in 3D and to shoot at least some sequences at 48 frames per second.

Films are typically shot in 24 frames per second. New Zealand director Peter Jackson shot his trilogy of "The Hobbit" at double that speed in an attempt to make the movies look more realistic and impressive. But the results of the technology have attracted mixed reviews from critics.

Key said the announcement comes with excitement and relief for the New Zealand film industry.

The industry had been facing a lull as work winds down on Jackson's trilogy.

"It's a day of great celebration," Key said. "It's a great Christmas present for those involved in making world class movies."

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  • [Aliens] [1986] [Trailer]

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  • Titanic - Official Trailer [1997]

    Deep-sea explorer Brock Lovett has reached the most famous shipwreck of all - the Titanic. Emerging with a safe believed to contain a diamond called 'The Heart of the Ocean', he discovers the safe does not hold the diamond but a drawing of a beautiful woman wearing it. When Brock is later interviewed on TV, he shows the drawing to the cameras, and a 100-year-old woman named Rose Calvert living in Michigan recognizes the woman in the drawing - herself! On a visit to Brock's explorer ship over the wreck, Rose tells her story of the Titanic and its ill-fated voyage. Engaged to a would-be steel magnate, Caledon Hockley, she boards the Titanic's first-class suites with him & her mother in Southampton. Also boarding are Jack Dawson & his friend Fabrizio, after a lucky poker game wins them tickets in steerage. When Rose attempts suicide by jumping off the stern in 3rd class, Jack pulls her back onto the ship...and a bond is forged between them as Jack is invited by her into 1st-class the following day. Rose's mother & Cal Hockley try desperate measures to keep them apart. But that strategy goes out the window when the Titanic collides with an iceberg, and due to a design flaw begins to sink - despite being proclaimed 'unsinkable'. Now Rose & Jack must fight to stay alive, but is young Jack already doomed because of his lower status as a steerage passenger? Written by Derek O'Cain [IMDB.COM] Release: 19 December 1997 Running Time: 194 min Awards: Won 11 Oscars. Another 76 wins <b>...</b>

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