Can “Avatar” Collect $1 Billion?

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The most expensive film till date has already hit the theaters. Yes we are talking about "Avatar". The film is directed by the famous director James Cameron. It has a grand opening and now everybody is eyeing its box-office collection report. Because films like "Avatar" are being made to break all box-office records and establish a new extreme line for the next.

"Avatar" sold a studio-estimated $232.2 million worth of tickets around the world this weekend. And it has become the ninth-biggest global debut of all time. Reportedly, the film’s $73-million domestic gross was, like every movie in the market. But the market has been significantly affected Saturday by snowstorms that kept East Coast audiences, from Washington, D.C., through New England, off the roads.

Grosses were noticeably lower in Washington, Philadelphia and Baltimore – as well as in New Orleans and Dallas. Though the film has received a huge opening on the box-office but it stood as the second biggest for December.

Perhaps more importantly, those who saw the movie enjoyed it. Every demographic gave "Avatar" an average grade of A. According to market research firm CinemaScore, those who didn’t turn out for opening weekend will be getting strong recommendations from those who did.

However, the big money for "Avatar" is coming from all over the world. Despite having the frigid weather in Northern Europe, the film has sucessfully collected $159.2 million. Reportedly, it is the sixth-highest simultaneous foreign launch of all time. The film has not yet been released in Japan and China, the two big Asian markets. The film stands in 4th possition just behind the sixth “Harry Potter” movie, the third “Spider-Man” and the third “Pirates of the Caribbean.”

"Avatar" will be releasing in China by 2nd January 2010. It will be releasing in Japan this wednessday. These two big markets have a good share in the overall box office collections and “Avatar” could become the fifth movie to ever top $1 billion in worldwide box office.

The reason behind this huge collection can be considered the 3-Dimentional technology used by Cameron and his team. Till now according to the report, “Avatar” is dominating at the box office.

Here are the names of top 10 movies at the domestic box office.
1. “Avatar” (Fox/Dune/Ingenious): Opened to $73 million in the U.S. and Canada, $159.2 million in 106 foreign countries.

2. “The Princess and the Frog” (Disney): Off 50% on its second weekend playing nationwide to $12.2 million. Domestic total: $44.8 million.

3. “The Blind Side” (Warner Bros./Alcon): $10 million, down just 33% on its fifth weekend. U.S. and Canadian total: $164.7 million.

4. “Did You Hear About the Morgans?” (Sony/Relativity): Debuted to $7 million.

5. “The Twilight Saga: New Moon” (Summit): Off 45% on its fifth weekend to $4.4 million, bringing its domestic take to $274.6 million.

6. “Invictus” (Warner Bros./Spyglass): Fell 52% on its second weekend to $4.2 million. Domestic total: $15.9 million.

7. “A Christmas Carol” (Disney): $3.4 million, down 50% on its seventh weekend. $130.8 million so far.

8. “Up in the Air” (Paramount/Montecito): $3.1 million as it more than doubled its theater count to 175. U.S and Canadian gross so far: $8.1 million.

9. “Brothers” (Lionsgate): $2.6 million, down 48% on its third weekend. $22.1 million domestic total.

10. “Old Dogs” (Disney): $2.3 million on its fourth weekend, down 48%. Domestic take to date: $43.6 million.