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Friday, January 29, 2010

Avatar steals Titanic’s thunder


Epic action adventure Avatar sunk the global box office record set in 1997 by Titanic to become the highest grossing film of all time.
On Monday, January 25th, Avatar touched USD 1.859 billion, officially passing Titanic (USD 1.843 billion) to become the Industry's Biggest Film in history at the Worldwide Box Office.
The milestone cements the place of Cameron, who produced, directed and wrote both Titanic and Avatar as the most successful moviemaker of all time.
With the movie still going strong in cinemas worldwide, industry observers say it is likely to touch USD 2 billion.
In India, the film has done a business of Rs 105 crores so far, making it the biggest ever Hollywood film in India and 2nd biggest film in India after 3 Idiots for 2009. The film has earned record collections at Imax, 3D and single screens across the country.
The theatrical run of Avatar continues in 122 countries around the world on over 16,000 screens with a whopping 72 percent of WW GBO or USD 1.35B coming from 3D screens thus far.

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