Avatar is no.1! Or no.34, depending on how you look at it.

Filed under: Entertainment, Sympatico — D.I.S.H. @ 9:47 am on January 25, 2010

Avatar will likely make history yet again today (Monday) as it sails past Titanic and becomes the biggest grossing movie in history – not accounting for ticket price inflation. After you take this into account the movie sits only at number 34 on the box office list.

The Los Angeles Times says James Cameron’s 3D blockbuster ruled the box office for the sixth weekend in a row, taking in $107 million overseas, combined with $36 million in the U.S. and Canada, bringing its worldwide total to $1.841 billion, just $2 million short of the $1.843-billion world-record gross set by Titanic in 1998. It will easily pass this mark on Monday.

The Times points out that, with 12 years of ticket price inflation and surcharges on the vast majority of screens where moviegoers are seeing the new film in 3D, Avatar still lags far behind Titanic in attendance. And to put things further into perspective, last week reports were that, after taking inflation and other factors into account, Avatar is actually only 34th on the highest grossing list. Film site Box Office Mojo lists the top films and the number one is Gone with the Wind, released in 1939. This is followed by Star Wars (1977), The Sound of Music (1965), E.T.: The Extra-Terrestrial (1982), The Ten Commandments (1956) rounds out the top five and Titanic is number 6, well ahead of Avatar.

The Times says that ticket sales are on the decline for Avatar, falling 25% or less in every major market except China, where ticket sales fell 34% after the government unexpectedly yanked it off every 2D screen where it was playing, leaving it only in 3D locations.