Ever since AVATAR project started, the story surrounding was is not only about what James Cameron had in store for us but also how expensive exactly the budget really is and for the past year we’ve been hearing different versions from $200 Million to $300 Million and of course, the recent shocker, $500 Million which takes into calculation the cost for marketing. So the big question is will James Cameron’s 3-D epic be able to break even, let alone hit profit. Reuters had a chat with Fox Filmed Entertainment chairman Jim Gianopulos, who chairs Fox’s movie and television production together with Tom Rothman and he said that the talk of $500 Million is simply “ridiculous”… Read the rest of this entry »
AVATAR Will Hit Profit And $500 Million Talk Is ‘Ridiculous’, Says Fox Chairman
On November - 24 - 2009