James Cameron Discovery Channel on March 4, 2007. As a National Geographic explorer-in-residence, Cameron re-investigated the sinking of the "Titanic" with eight experts in 2012. The investigation was featured in the TV documentary special "Titanic: The Final Word with James Cameron", which premiered on April 8 on the National Geographic Channel. In the conclusion of the analysis, the consensus revised the CGI animation of the sinking conceived in 1995. In June 2005, Cameron was announced to be working on a project tentatively titled "Project 880" (now known to be "Avatar") in parallel with another project, "" (an adaptation of the manga series
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