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Lazard Capital senior media analyst Barton Crockett thinks Titanic has a good chance of being at the top of the box office this weekend.
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Well it was king of the world in 1997.
But can Titanic -- -- 2012 re release of greedy.
Send it back to the top of the box office charts leapfrogging.
Potentially content -- one avatar.
Barton Crockett is senior media analyst at was -- capital.
Big elite debatable let's just say it right -- the -- here big debate whether that people are actually gonna pay to see a movie that came out in 19972025.
Bucks to get well.
Are they well they already arm -- -- movie opened on Wednesday.
You know at a pretty good -- this week and it's -- it is something close to 27 million over the three days.
We think it's gonna -- write up what hunger games.
And the American pie American reunion -- -- to content for number one this week and we think it has a good shot of being the top movie this weekend.
So is this gonna be a big revenue driver for Paramount and 20th Century Fox which is by the way don't like News Corp.
owns the Fox Business Network is connected to help them -- revenue sources just more above.
Look at us we have big hits and our -- and were pre releasing them.
Yeah it's it's really I mean -- -- rounding.
Issue in a studio like fox or for the big you know movie theater companies on in the U last.
It's -- -- -- I mean I think between Titanic and the other 3-D releases this year.
A lot about two percentage points to domestic box office.
You know it's not -- -- found money you'll get eighty million domestic box office from Titanic to -- twenty million reengineering yet it's also more of your dvds it's a nice thing to do.
It's not gonna really matter for a company that's big but you know that's profitable.
160 million dollar stands between avatar and Titanic both movies.
Made by James camera and I mean let's be honest here -- he makes ago when it does take -- several years and millions of innocent until it.
Right candidate so you think it's idea and it looks like the number one spot after this weekend.
No I don't think there are many think domestically is NN dot.
With about 80000001 analyst on this weekend about thirty million that'll -- that.
I'm so won't quite get there you know I mean.
This James Cameron Karen Allen it has got the two top movie -- he's happy.
Yeah is happy he's -- but I also carries a mean and he does love this technology we saw that without I mean he broke ground in the film making industry.
You -- -- it's over was -- of England my gosh.
Let me ask you this though is it hard to convert these old movies because there's a lot where -- becoming top guns getting every released -- right.
For its anniversary.
Lying hang I mean isn't that much work to change an old movie into the treatment -- Why takes time to do it right if you care about the result James Cameron -- -- he's been a pioneer in 3-D.
I'm he wants to have the best look the best technology and he wants to set new standards -- the reviews have been pretty good about the 3-D conversion of Titanic.
It's hard -- if you don't shoot a movie originally 3-D the shots are set up for it you know not every movie can be re mastered.
But they're gonna try do a lot of mean that that the movies that they've done -- worked reasonably well in a Lion King Titanic.
I'm star war selloff Finding Nemo later this year you know that they work well enough that they'll make the effort and we'll get a good return on our investment.
What mentioned topped out earlier to you -- then also.
Little Mermaid I mean.
Right you think is could be game -- -- -- it's -- game changer say it's you know we're talking fifty million to eighty million domestic box office for movies that we're doing.
500 million you know domestic box office when they were initially released so.
You know this is -- nice addition.
You're happy to do it their business as a make the money where they can S -- can make -- -- -- quarter.
Barton I don't know I just can't help but wonder Kelly McGillis is Harris gonna hold up for the current audiences I mean it was the -- by the way issues very eighties and top right.
You yeah I was very eighties and top -- I'm just.
You know I I'd be a little bit scared to see the Titanic scenes and three -- when the -- goes down.
Yeah maybe that's the point of what people are actually gone -- surprised I guess I -- I'm ago.
I mean eloped I didn't get -- and -- why not give Cameron isn't -- to be able to make a mistake.
For the little -- doesn't.
Doesn't Barton Crockett thank you for being here by the way on Good Friday C media analyst it was -- capital.
