It official!

James Cameron has committed to making two sequels to his record-breaking
3D epic "Avatar" for Fox. The movies are scheduled for release in late 2014 and 2015, which means he won't direct other features for the next three or four years.

The writer-director had conversations with Columbia about directing "Cleopatra," starring Angelina Jolie, but that possibility is off the table, meaning the studio will have to look for another director.

But Cameron has two major projects he is producing during the next few years: Guillermo del Toro's "At the Mountains of Madness" for Universal and a remake of "Fantastic Voyage" that Laeta Kalogridis is rewriting for Fox and Cameron's Lightstorm Entertainment.

For the time being, however, he will dive back into writing screenplays for more stories that take place on Pandora. His first film about that invented world and its natives' struggles for survival in the face of greedy Earth capitalists grossed $2.8 billion worldwide after it was released in December.

"We'll continue to follow the same people on the same planet," producer Jon Landau said Wednesday during Paul Kagan's 3D Media Markets conference in New York. But, he allowed, "We might go underwater."

The filmmakers plan to shoot the movies back to back with much of the same cast. Asked whether stars Sam Worthington and Zoe Saldana had signed for the sequels, Landau said, "We won't have a problem."

The ongoing "Avatar" chapters will be the CAA-repped Cameron's ninth and 10th features as a writer-director
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In a statement written with all the humility that comes with being the King of the World, Cameron said:

"It is a rare and remarkable opportunity when a filmmaker gets to build a fantasy world, and watch it grow, with the resources and partnership of a global media company. Avatar was conceived as an epic work of fantasy — a world that audiences could visit, across all media platforms, and this moment marks the launch of the next phase of that world. With two new films on the drawing boards, my company and I are embarking on an epic journey with our partners at Twentieth Century Fox. Our goal is to meet and exceed the global audience's expectations for the richness of Avatar's visual world and the power of the storytelling....

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. I'm looking forward to returning to Pandora, a world where our imaginations can run wild."
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