Titanic (1997 film) and was no. 1 in all of them" and the markets "such as Russia, where "Titanic" saw modest receipts in 1997 and 1998, are white-hot today" with "more screens and moviegoers" than ever before. Brandon Gray, president of Box Office Mojo, said that while "Avatar" may beat "Titanic" revenue record, the film is unlikely to surpass "Titanic" in attendance. "Ticket prices were about $3 cheaper in the late 1990s." In December 2009, Cameron had stated, "I don't think it's realistic to try to topple "Titanic" off its perch. Some pretty good movies have come out in the last few years.
Titanic (1997 film) wreck. The modern scenes on the research vessel" "were shot on board the "Akademik Mstislav Keldysh", which Cameron had used as a base when filming the wreck. Scale models, computer-generated imagery, and a reconstruction of the "Titanic" built at Baja Studios, at Playas de Rosarito in Baja California were used to re-create the sinking. The film was partially funded by Paramount Pictures and 20th Century Fox; the former handled distribution in North America while Fox released the film internationally. It was the most expensive film ever made at the time, with a production budget of $200 million. Upon its release