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Tuesday, 5 January 2010 - Avatar headed to No. 2 at all-time box office |
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    Read more with google mobile : Avatar headed to No. 2 at all-time box office |

    Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Obama to unveil counterterrorism reforms | Video 1:03am EST Democrats in final push on U.S. healthcare overhaul 1:06am EST U.S. embassy reopens in Yemen after threat | Video 2:11am EST Report shows U.S. healthcare spending growth slows 12:26am EST Jordanian with Qaeda ties killed CIA workers: report 04 Jan 2010 Indebted Dubai puts on brave face for tower opening | Video 04 Jan 2010 Chinese firms evade U.S. Iran sanctions: report 04 Jan 2010 U.S. growth prospects deemed bleak in new decade 03 Jan 2010 U.S. seeks to pressure Iran, Revolutionary Guards | Video 04 Jan 2010 France cancels 50 million flu shot orders 04 Jan 2010 Pictures Pictures of the year: Entertainment A look at the year's best entertainment photos.   Slideshow  "Avatar" headed to No. 2 at all-time box office Carl DiOrio Mon Jan 4, 2010 11:40pm EST Related News PRESS DIGEST - Canada - Jan 4 Mon, Jan 4 2010 "Potter", "Avatar" spur box office record in '09 Sun, Jan 3 2010 "Avatar" passes $1 billion at world box office Sun, Jan 3 2010 RPT-'Avatar' hits $352 million at N.America box office Sun, Jan 3 2010 Magic, booze lucrative for Warner Bros. in '09 Wed, Dec 30 2009 LOS ANGELES (Hollywood Reporter) - By this time next week, James Cameron should have the two highest-grossing films in history. Entertainment  |  Film The amazing feat for Cameron, his Lightstorm Entertainment production shingle and "Avatar" -- which has topped $1 billion worldwide -- follows the filmmaker's success in 1997-98 with "Titanic," the top-grossing picture ever. Fox is handling worldwide distribution on "Avatar" after partnering with Paramount for the release of "Titanic." Like that film, "Avatar" is ringing up far more foreign revenues than in the United States and Canada. In fact, the pricey picture only now is poised to crack the list of top 10 all-time domestic grossers. "It doesn't matter where we are domestically," said Jon Landau, Cameron's producing partner at Lightstorm. "The movie business has become an international business. When you release movies, you have to figure out whether the movies will play internationally." Landau deflected a question about how high "Avatar" could fly by recalling the comment of one-time Fox distribution executive Tom Sherak, now president of the Academy of Motion Picture Arts and Sciences. "It depends how many people go to see it," Landau deadpanned. Meanwhile, even executives at rival studios seem to be getting a kick out of the mind-bending performance of Fox's motion-capture/live-action 3-D blockbuster, and Landau said he knows why. "It shows the potential of the industry," he said. "It shows people want to go to the movies." The eventual rise of "Avatar" to the silver-medal position among all-time global grosses will see the December 18 opener blow past two pictures still ahead in the pecking order. Coming off the weekend with $1 billion and counting, "Avatar" in coming days will rise above 2006's "Pirates of the Caribbean: Dead Man's Chest" ($1.07 billion) and then 2003's "The Lord of the Rings: The Return of the King" ($1.12 billion). "It's not a likelihood -- it's just a question of when," mused one industry observer. On the other hand, few would suggest "Avatar" has any chance of outdistancing "Titanic," which registered $1.84 billion during the course of its months-long theatrical cruise. Still, "Avatar" any day now should also replace "Star Wars: Episode III -- Revenge of the Sith" ($380.3 million) as the 10th-highest-grossing film in domestic box office history. Through Sunday, the film had socked away $352.1 million in North America. The 2-1/2-hour epic has fetched far more in foreign lucre at an incredible $676.9 million. Action films tend to outperform overseas, but the outsized international tally for "Avatar" also reflects the growing opportunity for film releasing worldwide. "There are markets in the international marketplace that are just emerging as cinematic forces," Landau said. "Take Russia, for example. Russia has more screens now than they did six months ago, and 'Avatar' is able to capitalize on that. Moviegoers are craving films that they didn't get to see before, to go to the movie theater and escape. Cinemas just didn't exist in many of their hometowns 10 years ago." Entertainment Film More from Reuters Kraft ups cash part of Cadbury bid, helped by Nestle NEW YORK (Reuters) - Kraft Foods Inc on Tuesday said it was raising the cash portion of its hostile 10 billion pound ($16 billion) takeover offer for Britain's Cadbury Plc by 60 pence per share, funded by a deal to sell its North American pizza unit to Swiss food giant Nestle. Obama to unveil counterterrorism reforms | Video Democrats in final push on U.S. healthcare overhaul Asia stocks hit fresh peaks, dollar steadies | Video Big U.S. fund group divests over Sudan U.S. embassy reopens in Yemen after threat | Video » More Top News Analysis: Falling asleep at the wheel Investors and Chinese policymakers who ignore warnings about inflation do so at their own peril.  Full Article  China automakers face tougher 2010 Asia exits crisis, risk of unrest lingers China Just another smartphone? Gadget lovers around the world are waiting with baited breath for Google's highly anticipated Nexus One smartphone, so why isn't Wall Street getting excited too?  Full Article | Quote  Google to steal CES spotlight Apple to unveil tablet this month Technology © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal ECVJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Tuesday, 5 January 2010
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