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“Avatar” Surpasses Foreign Circuit Record Held by “Titanic”

Submitted on 2010/01/15 No Comment

‘Avatar’, this weekend, turned out to be the highest grosser in foreign circuit in motion picture history. This chartbuster by Director James Cameron has amassed an overseas collection of $1.288 billion breaking the record held by ‘Titanic’ for thirteen years.

Avatar

The latest weekend total was $107 million, an aggregate of 110 overseas markets. This is the 6th successive weekend that ‘Avatar’ amassed above $100 million in overseas tally. The major countries that have contributed this weekend were France, Germany, UK, South Korea, Australia, Japan and Spain. It is leading in overall earnings in Russia, China, Spain, Hong Kong and India.

Two more records (domestic and global) of Titanic are yet to be broken and with Avatar’s fast tempo in box office, Titanic’s global record will fall in the coming week.

The contemporary fad of exhibition techniques has greatly contributed to the success of Avatar. More profits were generated from overseas locations where there were 3D settings and IMAX venues where the tickets were priced higher than the usual theaters.

Avatar

The overall total emphasizes the significance of overseas circuit to the achievement of ‘Avatar’. Close to seventy percent of Avatar’s total income were generated from overseas against sixty-seven percent of Titanic’s. Immense contribution form Russia and China helped Avatar to attain this overseas achievement and both these countries were irrelevant when Titanic was released.

Titanic’s total global revenue earned in 1997 is presently valued at $2.5 billion, when inflation is taken into account. However, the champion still is ‘Gone with the Wind’, which had a total global collection of $400 million in 1939, is currently valued at $6 billion.

Aside from that, the revenues of the first 5 films overseas continue to be the same. Guy Ritchie’s ‘Sherlock Holmes’ remained at the 2nd position. In the 3rd spot was ‘Alvin and the Chipmunks: the Squeakquel’. Director Jason Reitman’s ‘Up in the Air’ got the fourth slot and ‘It’s Complicated’ took the 5th space.

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