AVATAR: It's the most expensive production Fox Films has ever made.
Director James Cameron probably spent more than $300 million, the cost of the last "most expensive film ever made," Pirates of the Caribbean: At World's End.
Fox teamed up with Cameron for Titanic (1997) which at the time cost a record- breaking $200 million but earned more than $1.8 billion worldwide.
Now Fox is investing heavily to promote Cameron's Avatar as a technically- advanced epic that's a game-changer for the movie industry, heralding a new era of 3D-movies.
And if movies move en masse to 3D, home theatre will surely follow.
Cameron has had this film in his mind for more than a decade, waiting for technology to catch up with his vision. Cameron has even created a new film camera that combines computer-generated imagery with live action so he could simultaenously watch the virtual world as he shot the live scenes.
And another innovation from Cameron: he substantially reduced the size of 3D cameras used.
Fox says more and more live-action films will be done in 3D as the technology expands further.
Fox already credits Avatar for encouraging theatre owners to make the change over both to digital and to 3D capability. They predict audiences will soon come to expect 3D movies and 3D will become the most dominant film form.
"We experience the world in 3D, why should we experience film any different?" Cameron is quoted as saying.
This week The Empire Leicester Square in London showed the world premiere of the James Cameron movie Avatar, using the Dolby 3D solution for large screens.
"Empire Leicester Square boasts one of the largest screens in the UK, which is why it regularly plays host to world premieres," says Julian Pinn, Business Development Manager, Production Services Group, Dolby Laboratories. "…Dolby Production Services worked with Barco, Empire, and Twentieth Century Fox to ensure the best combination of brightness, image sharpness, and color accuracy to display this spectacular new movie as director James Cameron intended."
Go Watch the movie trailer, Avatar