A Brief History
On March 1, 1998, the movie industry reached a new milestone when the James Cameron epic film Titanic passed the magical $1 billion mark, the first movie to do so.
Digging Deeper
Titanic was a titanic success, eventually reaping $2.2 billion in box office receipts and currently ranking as the 3rd highest money maker.
The highest-ranking film to date is Avatar at $2.9 billion and the number 2 spot is held by Avengers: Endgame at $2.8 billion.
Titanic cost a then record $200 million to make, a pittance compared to the estimated budget of 2022’s Avatar: The Way of Water, an incredible $350 to $460 million!
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Historical Evidence
For more information, please see…
Cameron, James and Jain Lemos. Titanic. Harper Paperbacks, 1997.
Parisi, Paula. Titanic and the Making of James Cameron. Newmarket Press, 2012.
The featured image in this article, a photograph by Lawsenbofan of Place IFC, Central, Hong Kong, is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
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