Wednesday, January 27, 2010

Avatar: New Film Record, but Not Inflation Adjusted



The total global revenue for 20th Century Fox's new movie now is $1.859B after Monday's sales, already beating the $1.843B earned up by "Titanic" in 1997-1998.

20th Century Fox is owned by News Corp. The stock is up 36% since January 2009:



The movie earnings data are not adjusted for inflation though, which as we know, make a big difference (it is like saying gold is a record high now).

Avatar broke the previous record set by Titanic in just six weeks,

It is the top movie in North American box offices and is also leading in France, China, Germany and Russia and many other nations.

The film took more than five years to make and was reportedly one of the most expensive films, with a budget of at least $300M.

Expects many Oscars.

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