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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

    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Asia Pacific World "Avatar" headed to No. 2 at all-time box office Reuters - Tuesday, January 5 Send IM Story Print By Carl DiOrio LOS ANGELES - By this time next week, James Cameron should have the two highest-grossing films in history. 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" . "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" 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." Recommend Send IM Story Print Related Articles "Avatar" headed to No. 2 at all-time box office Reuters - Tuesday, January 5 Billion-dollar 'Avatar' strikes box office paydirt AFP - Tuesday, January 5 Films overcome obstacles on way to awards spotlight Reuters - Tuesday, January 5 Billboard CD reviews: Susan Boyle, Adam Lambert, Kris Allen Reuters - Tuesday, January 5 Entertainment producer, composer William May dies AP - Tuesday, January 5 News Search Top Stories NASA's Kepler space telescope finds 5 new planets French rocker Hallyday's daughter hospitalised US manufacturing sector sees acceleration Huge tomb found at Egypt's Saqqara pyramid Novartis bids $40 bln for eye-care giant Alcon More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Beat the blues by going to bed early: study British PM Brown named worst-dressed man Huge tomb found at Egypt's Saqqara pyramid Sweden's cull of wolves nears its quota Rate hikes could help battle bubbles: Fed chief More Most Viewed » Tiger's wife Elin seeking divorce: reports British priest defends urging people to shoplift Beat the blues by going to bed early: study Brazilian confesses to sticking needles into two-year-old More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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