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AVATAR breaks TITANIC’S worldwide box office record

Breaking News (3 Feb 2010):  Brandon Gray of Boxofficemojo.com confirms that AVATAR has also broken TITANIC’s Domestic US box office record. Read his comments below:

Avatar has sailed past Titanic to become the highest-grossing movie of all time. In just 47 days, Avatar has grossed $601.1 million, while Titanic made $600.8 million in its entire run and took 252 days to cross the $600 million mark.

With this milestone, Avatar has completed the triple crown of box office gross records: first, it topped the foreign-only chart on Jan. 23, then it reigned over the worldwide chart (foreign plus domestic) on Jan. 25, and now, as of Feb. 2, it resides atop the domestic chart. Its foreign haul has risen to $1.474 billion. Add in domestic, and its worldwide gross stands at an incredible $2.075 billion.

Breaking domestic down, nearly 81 percent of Avatar‘s gross is from 3D presentations. Normal 3D accounts for over 64 percent of the gross, while IMAX 3D accounts for more than 16 percent. That leaves the 2D theaters with an over 19 percent share of the gross.

Check out Brandon Gray’s full report in Boxofficemojo.com here: AVATAR claims Highest Gross of All Time.

Update from Boxofficemojo.com (1 FEB 2010): AVATAR becomes the first movie to cross the $2 Billion mark.

James Cameron’s done it again! 12 years after he created Titanic which grossed an unprecedented $1.843 Billion in the box office, he has beaten his own record with the release of the  3D spctacle,  Avatar. The movie which took 5 years and $300million to complete, beat Titanic’s  “unsinkable” record  on Jan 26th.

Avatar’s global box office collections now stand at a Pandorian $2.039 Billion.

Brandon Gray’s  report with the 3D ticket breakup in Boxofficemojo.com is below:

In a mere 41 days, Avatar overtook Titanic to become the highest-grossing movie ever at the worldwide box office at $1.859 billion ($555 million domestic plus $1.304 billion foreign), compared to Titanic‘s $1.843 billion.

First, the foreign record fell on Saturday, and, by Sunday, Avatar was just $4.4 million behind Titanic. It then added $19.8 million on Monday to push it over the top for the worldwide record. Titanic‘s $600.8 million domestic record is the next in line, and Avatar is poised to pass it within two weeks. What’s more, Avatar is on track to cross the $2 billion mark worldwide by the end of the weekend.

While Titanic still holds the crown in 20 markets, Avatar is the top-grossing movie of all time in 24 markets: China, Russia, Australia, Spain, Hong Kong, Columbia, Czech Republic, Chile, Portugal, Singapore, Ukraine, Hungary, United Arab Emirates, Romania, Bulgaria, Slovenia, Dominican Republic, Latvia, Serbia, East and West Africa, Qatar, Jordan, Jamaica and Bahrain. Avatar‘s also on the verge of claiming the all time records in South Korea, Denmark, Austria and New Zealand. However, the countries that are likely out of its reach include India, Japan, Brazil, Argentina, Turkey, Belgium and Finland, and it has a long way to go in France and the United Kingdom.

Avatar‘s 3D presentations have accounted for 72 percent or $1.35 billion of its total gross. Breaking that down, 3D’s domestic share is 80 percent, and its foreign share is 69 percent. That’s far and away the biggest 3D gross ever, and Avatar‘s effectively most people’s first sampling of the new-fangled 3D technology.

Let me add that in India (the land of Bollywood movies, where even big budget summer Hollywood action films usually struggle to get beyond $2-5 million), Avatar has grossed an astonishing $22, 276, 532. This is the biggest collection for any English movie in history of Indian box office. Only Indian movies have done better.

Those interested in Avatar’s country wise break up, please visit Boxofficemojo.com.

Interestingly, only TWO movies in history have crossed $1 Billion in the non-US markets: Titanic & Avatar, both directed by James Cameron. Avatar is on its way to become the 2nd movie after Titanic to gross $600 Million total in the US.

Check out the Boxofficemojo.com report below:

Avatar Box Office Gross

James Cameron's Avatar beats Titanic's box office record

James Cameron seems to be this generation’s George Lucas & Steven Spielberg roller into one!

Am quoting verbatim film critic Scott Mendelson’s blog post in the Huffington Post below, as it captures brilliantly how astonishing a feat this was by James Cameron:

I was sure it would never be done in my lifetime.  I called in the ‘Joe DiMaggio 56-game hitting streak’ of box office records.  But it has been done.  In just 38 days, James Cameron’s Avatar has surpassed the $1.843 billion that James Cameron’s Titanic amassed in its 41 weeks of theatrical play.  We can argue all we want about 3D prices and general ticket price inflation, but this is an incredible feat in in filmgoing era, let alone our splintered generation.  Today’s audiences have far more entertainment options to keep them out of the theaters.  Back in Christmas 1997 and Winter 1998, the Internet was barely in its infancy, bootlegs of any kind were a non-factor, and DVDs barely on the radar.  Just as no one expects the season finale of Lost to match the numbers for the finale of MASH, today’s moviegoers are far more divided and have far more entertainment options that they did even twelve years ago.  I don’t think anyone thought Titanic‘s worldwide record would be topped within a generation.  No one thought it would be done so quickly, and by the same filmmaker no less.  This is absolutely astonishing, all the more so for the fact that it’s not anywhere close to being finished.  While the domestic numbers may be curbed by the inevitable loss of IMAX and 3D screens, the international numbers (which rely far less on 3D and IMAX theaters) have no real ceiling at this point.  Avatar has grossed $1.304 billion in overseas markets alone.  There are only four other movies that have ever grossed even half that in overseas receipts.  Avatar has today grossed $1.859 billion in global grosses.  There are only eight other films that have grossed at least $929 million worldwide, or half that number. Who knows where this movie will stop?  Amazing…

Scott Mendelson

But guess which movies is the greatest in terms of sheer tickets sold (and adjusting for inflation)? Nope, its not Star Wars or ET or even Titanic.  Its the legendary civil war epic ‘Gone With The Wind’ with an estimated 200 Million+ tickets sold!  Check out Kyle Anderson’s quote in MTV.com:

Though “Avatar” takes the raw money title, “Gone With the Wind” remains the sales leader after numbers are adjusted for inflation. According to Box Office Mojo, the numbers become even more dramatic when you take into account the number of tickets sold. Though the statistics are loose, “Gone With the Wind” sold over 202,000,000 tickets during its various theatrical runs, which is 24,000,000 more seats than its nearest competitor moved (that would be the original “Star Wars”). For all its economic success, “Avatar” checks in way down the list with a respectable but not-even-close-to-threatening 76,000,000.

In terms of Inflation Adjusted World wide box office gross, Gone With The Wind’s $ 400 Million (Domestic US: $198,676,459 + Worldwide NonUS: $201,500,000 ) translates into $ 2.99 Billion or more than $1 Billion higher than Titanic and Avatar.

To be fair to James Cameron, Gone With The Wind’s Inflation adjusted number of $2.9 Billion may never be achieved.  Unlike in 1939, modern day audiences have lots of alternative entertainment options like Cable TV, Internet, DVDs, live sports and rock concerts to distract audiences.  Add to this massive piracy thanks to  DVD, VCD, Youtube and Torrent-P2P sites. Taking all these real constraints into account, Avatar’s record is as staggering as Gone With The Wind or Star Wars or ET’s box office record was those days.

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The Dark Knight: Greatest super hero movie ever made?

I wasn’t surprised when I checked the box office stats for The Dark Knight on Monday and found it bulldozed both Spider-man 3 as well as Pirates of the Caribbean -Dead Man’s Chest  on its way to an earth shattering weekend box office earning  of $158.3 Million! (Source: NYTimes) Add International gross and DVD sales and this might become the first Billion Dollar Batman movie! Warner Bros better keep Nolan happy now.  Who knows to what heights he can take the franchise now?

This was one of greatest movies ever made and certainly the best comic book/ superhero movie ever made. There is simply NO ARGUMENT. It just is. Richard Donner’s Superman 1 – 2 (yes Donner’s, Lester just shot a few scenes), Spider-man 2 and Tim Burton’s Batman (1989) were “good” movies, no doubt. Hell, Batman Begins was good but slightly slow paced as it had to delve into the origin story. But The Dark Knight is the Godfather 2 of the comic book genre. In fact, it has risen above the genre to be a “masterpiece”… and a Best Picture Oscar contender. Nolan’s direction itself is a Best Director nominee. And then there is The Joker. The late Heath Ledger deserves the best actor Oscar…and both Michael Cain and Morgan Freeman (both Oscar winners) have said he deserves it. Christian Bale also delivers an intense performance. Gary Oldman is vintage. In fact, this could very well be the Godfather 2 of this generation. Give it the Oscars…and lets not be “snobbish” about this being a “comic book film”. Roger Ebert has given it 4 stars on 4 (same as Godfather 2)…and he knows a thing or two about films.

The film is mesmerizing…and is 2hours 30minutes of non-stop adrenalin, ‘edge of the seat’ stuff. Not one second does the pace slacken.  I don’t want to go into tiny plot details as you should see it to enjoy it. If there’s one movie you should watch this decade, it’s The Dark Knight. You will not be disappointed. And you might just go to the box office and throw in another $1000 as the movie was worth the money and more.

Go for The Dark Knight Returns, Nolan. We want to see how you morph The Penguin & The Riddler this time.

And yes, we trust you not to involve that irritating Robin and Batgirl! Batman works best, alone.

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It’s HAPPENING at the Box Office

Can you believe it? Night destroys Hulk during the weekend.

The Happening has smashed all so-called movie reviewers and emerged with a solid $62 Million box office gross worldwide. Since the movie budget is small at around $60 Million, the movie has an awesome 103% Gross to Budget ratio, a surefire way to ensure the movie is profitable.

In contrast, the “not so incredible” Hulk struggled to a mere 57% Gross to Budget ratio since even an $85.5 Million worldwide haul means the movie will struggle to be profitable because of its mammoth $150 Million budget.

Manoj Night Shyamalan has done it again at the box office. The fact that the movie has an “R” rating, makes the Happening’s box office gross all the more amazing. And considering how terrible “Lady in the Water” was, it shows the director’s mettle in bouncing back. Maybe he should change his name to Manoj “Phoenix” Shyamalan.

In fact the world’s only Pulitzer Prize winning critic, Roger Ebert has given the movie a superb review and makes it a must see movie for the different way in which the director has handled the genre. While The Happening got 3 stars from Roger Ebert, The Hulk got just 2.5 stars.

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