What does this mean for the future of movies? "Titanic," which cost $200 million to produce and $100 million to promote, is now on course to become a $700 million industry. One film now has profits equivalent to the GNP of a small country. Once it passes the $1 billion mark worldwide and beats the twice-released "Star Wars" at home, look for Hollywood to do what it does best -- copycat movies. Coming soon: Love aboard the Lusitania!
LOS ANGELES: The behemoth just keeps on chugging. "Titanic" is now the highest-grossing movie in the world, ever -- and there’s no sign of icebergs as it steams into the record books. Global ticket sales have reached a colossal $918 million, soaring past the puny $914 grossed by "Jurassic Park." Evidently, Spielberg’s dinosaur flick simply did not kill off enough of its extras.