Nickelodeon Avatar Studios to expand popular animated franchise

You know you made it big when you get your own live-action film and new studio just for you. Although The Last Airbender film adaptation was largely considered a terrible flop, the franchise it was built on still has a strong following that is eagerly awaiting more content from the fictional universe. Consider those wishes now answered as Nickelodeon establishes the Avatar Studios dedicated specifically to create more of that, including a new film, animated this time.