'Titanic 3D' opens to strong $4.7m in US Box Office

Thursday, 05 Apr 2012, 18:57

 

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Unofficial estimates show James Cameron's 3D makeover of the 1997 movie also is opening in virtually every foreign market.

James Cameron's 3D makeover of the Leonardo DiCaprio and Kate Winslet-led Titanic took in an impressive $4.7 million as it rolled out at the domestic box office on Wednesday, including more than $300,000 in Tuesday night previews.

Depending upon how the gross is calculated, Titanic could technically be No. 1 on Wednesday ahead of box office monster The Hunger Games, which is estimated to have grossed $4.6 million to $4.7 million on Wednesday. Official numbers will be released around noon.

The 3D release of Paramount and 20th Century Fox's 1997 blockbuster oepned in roughly 2,600 theaters domestically, including 71 IMAX runs. Overseas, it is opening in virtually every corner of the globe.

Paramount and Fox are partners on Titanic; Paramount is handling domestic duties, while Fox has international.

Bullish box-office observers believe Titanic could gross $25 million to $30 million for the Wednesday-Friday stretch, though Paramount is estimating $20 million to $25 million.

The original Titanic, which opened in December 1997, grossed $1.8 billion at the worldwide box office and was the top-grossing of all time for more than a decade, until Cameron's Avatar came along.

Cameron's 3D conversion of Titanic cost $18 million.

It's too early to say which film will win the Easter weekend contest; on Friday, Universal's American Reunion enters the fray.

Source: The Hollywood Reporter

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