Industry experts (including insiders at Disney) note that breakeven was approximately 1.5 billion (the 2 billion came from Cameron), accounting for marketing expenses, the theaters' share of ticket sales, and the fact that the bloated number includes the entire filming costs for Avatar 3 and a quarter of Avatar 4.

So Avatar 2 has earned Disney a profit of at least $250m and it still has several more weeks without any competition. And Avatar 3 will have a far lower break-even point.

Even so, it’s going to break even and make a slight profit before it ever hits streaming.

You can’t say the same about Netflix. Netflix is completely dependent on streaming revenue.

Netflix doesn't get anywhere near the theatrical release of Disney movies, but it does get some: https://www.whats-on-netflix.com/coming-soon/netflix-movies-...

It’s not enough to break even before it hits streaming. It doesn’t really move the needle.

Right now, sure. Just like Disney+ doesn't break even for Disney. It does signal a horizontal expansion for Netflix though.