Avatar Breaks $700m Domestic Gross Record

Avatar has now grossed a record-breaking $700 million, domestically. I guess that's just a consolation prize for writer-director-producer James Cameron, because it is looking more and more likely that his ex-wife Kathryn Bigelow will win the Best Director Oscar, and her film The Hurt Locker, will win the Best Picture Oscar.

The two films went head-to-head at "British Oscars" (formally known as the BAFTAs) and The Hurt Locker won 6 awards: Picture, Director, Screenplay, Cinematography, Editing and Sound. (Avatar won one, for Visual Effects.) The BAFTAs are looked at closely as precursors for the Academy Awards because often the films that are nominated there are also nominated for BAFTAs and the two award ceremonies have similar categories.

The Oscars are on Sunday March 7th. I will have my annual Oscar prediction post up within the next week. I correctly predicted 82% of the Top 8 categories of this year's Oscar nominations. Last year I correctly preidcted all 8 of the Top 8 categories (no surprises with a Slumdog Millionaire sweep) and 20 of 24 categories overall.