Walt Disney Co.’s Avatar sequel has been given a release date in China, according to people familiar with the matter, a boon in a key market for the entertainment giant as it looks to move beyond this week’s management upheaval.
Avatar: The Way of Water, a follow up to the 2009 hit movie, was cleared for a Dec. 16 release date, raising the earnings potential for one of Disney’s biggest films of the year. Previous blockbusters were denied entry amid deteriorating relations between China and the US. That limited access has weighed on some of Hollywood’s top studios, as box