Titanic (1997 film) the United States; the official Hollywood premiere occurred on December 14, 1997, where "the big movie stars who attended the opening were enthusiastically gushing about the film to the world media". Including revenue from the 2012 and 2017 reissues, "Titanic" earned $659.4 million in North America and $1.528 billion in other countries, for a worldwide total of $2.187 billion. It became the highest-grossing film of all time worldwide in 1998, and remained so for twelve years, until "Avatar" (2009), also written and directed by Cameron, surpassed it in 2010. On March 1, 1998, it became the first film to earn
Film budgeting actual cost (amount spent during production to make the film) was still $129 million. In the US film production system, producers are typically not allowed to exceed the initial budget. Exceptions have of course been made, one of the most notable examples being "Titanic" (1997). Director James Cameron ran aground with the budget and offered his fee back to the studio. In other countries, producers who exceed their budget tend to eat the cost by receiving less of their producer's fees. While the US system is profitable and can afford to go over budget, some other countries' film industries tend