At this afternoon's press conference for Avatar in London, James Cameron talked about a sequel for Avatar, what's up with Fantastic Voyage, and answered if Battle Angel was going to be his next project.

The quick info is...he doesn't know what he's going to do next.  Depending on how successful Avatar is will determine what project he does next, with Battle Angel still in the running. But he did say when asked about a sequel to Avatar, "I have it mapped out, but I haven't written the scripts yet."

The other bit of news is regarding Fantastic Voyage (which we covered yesterday).  When asked if it was a reboot/remake or original story, Cameron said, "It's quite different...but it's got enough of the original story that you still recognize it."

Hit the jump for everything he said:

When asked if he had an idea for a sequel to Avatar:

Cameron: We're going to be spending a lot money and time developing the not only the process but the assets and all the models of every rock and tree and plant and creature and the muscle rigs for all the creatures and the facial rigging for the main characters...this is millions of dollars.  So it really makes sense to think of it as the potential start of a franchise or a saga that plays out over several acts with each movie being an act of that saga.  And I have it mapped out but I haven't written the scripts yet.  It all depends whether we do well with the first film.  But that was certainly the intention from the beginning, was to create the foundation for a persistent world.

It's been reported that you are developing Fantastic Voyage.

Cameron: Well, we've been working on a script for Fantastic Voyage for a few...but that's not for me to direct.  That's just to produce.

Would it be a reboot/remake or an original story?

Cameron: It's quite different...but it's got enough of the original story that you still recognize it.

What's happening with Battle Angel?

Cameron: Battle Angel is one of the films I'll be considering when I decide what I'm going to do next.

If you were to do a sequel to Avatar, would it be after Battle Angel?

Cameron: Not necessarily, that's part of the decision making process.

For more on Avatar, here's a link to six clips from the film.