James Cameron Confirms "Avatar" Sequels

Movie director James Cameron, known for producing the two biggest-selling movies in the history of film, "Avatar" and "Titanic," has confirmed that a sequel for "Avatar" is in the works.

In an exclusive interview with the New York Times, Cameron revealed that "Avatar 2" is slated to arrive in theaters in 2015.

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Cameron's "Avatar" came out in December, 2009 and is the biggest film of all time, grossing over $ 2.7 billion in ticket sales worldwide.

In the article that features images of his recent purchase of a lake property in New Zealand where some scenes of "Avatar" were shot, the "Aliens" director claims that "Avatar 3" will arrive sometime after the first sequel in 2015 and that "Avatar 4" is "premature," though "hasn't ruled it out," according to the report.

Cameron, 57, will shoot the sequels in New Zealand and is looking to employ hundred of locals to work on the film's production shoots. He shared that the sequels will be filmed in his production studio in Wellington, a 15-minute helicopter ride from his recently purchased lake property. Motion-capture shoots will take place on stage in California.

Cameron's "Titanic" grossed $2.16 billion and "Avatar" grossed $2.78 billion worldwide. He won three Academy Awards for "Titanic".