Avatar: The Way of Water just released in theaters five days ago. But that's not stopping people from wondering if James Cameron will release a director's cut of the sequel in the future. The current answer: Don't hold your breath like Kate Winslet during filming.
Producer Jon Landau talked with Polygon recently about Avatar: The Way of Water and a possible director's cut. If you didn't know, Cameron had some intriguing ideas for a 6-hour, streaming-specific version of a film and then a regular theatrical release of the same movie in a Variety feature piece. Landau tried to explain the situation and why that's not comparable to the Avatar sequel.
"I think Jim is seizing on opportunities for other stories with two different cuts--the idea would be that you build a larger, epic narrative that can last 6 hours, and you pull a 2-and-a-half-hour movie out of it," Landau said. Regarding The Way of Water or even Avatar 3 receiving extended editions, Landau stated: "We don't have the amount of content to do that."
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