January 27, 2010 3:49:24 PM IST Bollywood Trade News Network
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 $1.859 billion, officially passing TITANIC ($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 $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 & 2nd biggest film in India after 3 IDIOTS for 2009. The film has earned record collections at Imax, 3D & single screens across the country.
Commenting on AVATAR's remarkable achievement, Mr. Vijay Singh, CEO, Fox Star Studios says, ''We are deeply gratified that so many millions of people around the globe have embraced AVATAR. It's the success results from the efforts of literally thousands of people, who, over the course of several years, worked to bring James Cameron's vision of Pandora to life. The themes of protecting the environment, respecting life, and yearning for a peaceful planet have united moviegoers worldwide. We're very proud of, and grateful to, James Cameron, his amazing and dedicated team, and all the many people at Fox, who worked so long and so hard to achieve this milestone.''
The theatrical run of AVATAR continues in 122 countries around the world on over 16,000 screens with a whopping 72% of WW GBO or $1.35B coming from 3D screens thus far.