Aug 10, 2010 03:41 PM EST

Cameron Discusses Avatar 2

James Cameron recently spoke to Josh Horowitz at MTV News about developing "Avatar 2". While there is definitely a sequel in the making, he says that there is still a lot of deal making to be made.

"'Avatar 2'... we're still working on deals. We don't start the movie until we get the deals worked out," Cameron said. "I'm making notes. I'm not sitting idle. But really, what I'm working on primarily is the novel. "I never had a chance to get the novel done while we were making the movie, and I always intended to. I didn't want to do a cheesy novelization, where some hack comes in and kind of makes s--t up. I wanted to do something that was a legitimate novel that was inside the characters' heads and didn't have the wrong culture stuff, the wrong language stuff, all that."

Cameron has a lot on his plate, besides the "Avatar" franchise, including "Battle Angel" which is slated for release sometime in 2013.