Jon Landau (film producer) Production at Twentieth Century Fox. He is best known for producing "Titanic" (1997), a film which won him an Academy Award and became the highest-grossing film of all time, the first ever to reach $2.0 billion in gross revenues. The film reached $2.19 billion, more than double the $1.03 billion of then-record-holder "Jurassic Park" (1993). In 2009, Landau and James Cameron produced the science fiction blockbuster "Avatar", which has since surpassed their earlier collaboration, "Titanic", to become the new (and reigning) highest-grossing film of all time, with $2.79 billion. "Avatar" earned Landau his second Academy Award nomination, losing that year
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