Surprise, surprise! Titanic has finally been de-throned. Just yesterday in our Weekend Box Office, Eugene Novikov noted how Avatar was sure to become the number one-grossing film in the next day or two. Right on schedule, The Hollywood Reporter posts that Avatar is now the biggest-grossing film of all time. (However, the movie still has a short journey left on the domestic box office charts. It's at $551.7 mil, and needs to get to $600.8 mil.)
Titanic fell into the icy seas of the #2 spot early on Monday, as James Cameron's epic cashed in $1.292 billion worldwide. Titanic's record was $1.242 billion. As THR notes, these numbers highlight the importance of the foreign circuit, which is responsible for almost 70% of the film's worldwide revenue. (To continue the comparison, Titanic found 67% worldwide.) But the new twist this time around was that super-magic 3D technology. It has to be seen in all its third-dimensional glory, and for once, everyone is on-board hook, line, and sinker.
