In an interview to The New York Times, James Cameron said, "I've divided my time over the last 16 years over deep ocean exploration and filmmaking. I've made two movies in 16 years, and I've done eight expeditions. Last year I basically completely disbanded my production company's development arm. So I'm not interested in developing anything. I'm in the Avatar business." He added, "I'm making Avatar, Avatar 2, Avatar 3, maybe Avatar 4."
Meanwhile, the Canadian helmer also offered updates on the second movie in Avatar series. He said, "We've spent the last year and a half on software development and pipeline development. The virtual production methodology was extremely prototypical on the first film. As then, no one had ever done it before and we didn't even know for two and half years into it and $100 million into it if it was going to work."
James Cameron added, "It was a very, very uphill battle on the first film. So we've been mostly working on the tool set, the production pipeline, setting up the new stages in Los Angeles, setting up the new visual effects pipeline in New Zealand, that sort of thing. And, by the way, writing. We haven't gotten to the design stage yet. That'll be the next."
However, his last movie Avatar starring Sam Worthington, Zoe Saldana, Michelle Rodriguez and Sigourney Weaver, was released in 2009 and it has been the highest grosser movie of all time. Besides getting rave reviews from film critics, the movie has received several big awards like Oscar, Golden Globe and Emmy.