The follow-up to 'The Way of Water' teases a spectacular epic that includes volcano fights, family tragedy and intense action. Fan reactions are over the top: "Yup, another billion to James Cameron."

Box-office sensation "Avatar" is back with a third movie this December, teasing epic family drama and stunning new creatures in the first trailer.

The preview will be shown exclusively in theaters with "The Fantastic Four: First Steps." EW caught an early look with a group of reporters.