Cameron's passed on "Cleopatra" and has agreed with 20th Century Fox to start work on the next two Avatar movies.
http://www.aintitcool.com/node/47224
The movies will be released in December of 2014 and 2015.
That's great news. Avatar was absolutely fantastic, IMAO, and I'm looking forward to these.

http://www.aintitcool.com/node/47224
The movies will be released in December of 2014 and 2015.
“AVATAR is not only the highest grossing movie of all time, it is a created universe based on the singular imagination and daring of James Cameron, who also raised the consciousness of people worldwide to some of the greatest issues facing our planet,” said Rothman and Gianopulos. “We had no higher priority, and can feel no greater joy, than enabling Jim to continue and expand his vision of the world of AVATAR. This is a great day in the history of our company, and we thank Jim, Jon Landau, Rae Sanchini and all of their team and all of our Fox colleagues throughout the world, who have made this possible.”
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AVATAR is the highest grossing film of all time, taking in nearly $2.8 billion in worldwide box office. It is also the top-selling Blu-ray disc of all time. AVATAR won Golden Globe® awards for Best Motion Picture and Best Director; and was nominated for nine Academy Awards, including Best Picture and Best Director, and won Oscars for art direction, visual effects and cinematography.
That's great news. Avatar was absolutely fantastic, IMAO, and I'm looking forward to these.

