Avatar is on the cut ting edge of filmmaking technique. But as a matter of financing, it is likely to remain a landmark of a bygone era.
Starting in the mid-2000s, studios began to embrace a new method for arranging outside financing that consisted of multi-tiered investments in dozens of movies at a time. Entertainment companies took in as much as $12 billion through these “slate” deals, which often involved big-time private equity funds and Wall Street banks.
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