Bits of news on James Cameron’s Avatar have been reported here and there with a recent announcement that Avatar is going big. Based on Cameron’s Titanic and recent reports this is not surprising of the inventive filmmaker.

According to the Hollywood Reporter, the live-action 3-D sci-fi adventure from James Cameron is set to be released simultaneously in Imax 3-D when the film premieres next year in conventional 3-D theaters.

Mark your calendars for a Dec. 18, 2009 release because this is one movie that Cameron has made in stereoscopic 3-D and combining live-action and computer animation using visionary new techniques.

Of course, the film is set to be digitally re-mastered for the Imax release.

Cameron told Hollywood Reporter, “Our goal with Avataris to revolutionize live-action 3-D movie-making, and I have no doubt that it will look and sound incredible in Imax 3-D. The larger field of view and power surround sound of an Imax theater will completely immerse the audience in a way that cannot be experienced anywhere else.”

The tale of Avatar focuses on an ex-Marine who finds himself in the middle of hostilities on an alien planet filled with exotic life forms. Being an Avatar — a human mind in an alien body — he finds himself agonized between two worlds, fighting for his own survival and that of the indigenous people.

The sci-fi film stars an awesome cast Sam Worthington, Giovanni Ribisi, Michelle Rodriguez, Zoe Saldana and Sigourney Weaver.

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