Early next year, James Cameron will begin working on scripts for Avatar 2 and 3, reports Variety.
The Canadian director has signed an agreement with Fox and the studio hopes to release Avatar 2 in December 2014, with the third sequel to be released the following year.
“In the second and third films, which will be self contained stories that also fulfill a greater story arc, we will not back off the throttle of Avatar’s visual and emotional horsepower, and will continue to explore its themes and characters, which touched the hearts of audiences in all cultures around the world,” said Cameron. “I’m looking forward to returning to Pandora, a world where our imaginations can run wild."
Cameron is also transposing his blockbuster film Titanic, which won a record-breaking eleven Academy Awards, into 3D by 2012 to coincide with the 100th anniversary of the ship’s tragic sinking.