‘Titanic’s’ Budget Is an Iceberg for Studios
- Share via
Re James Cameron’s Counterpunch on the problematic shoot of his impeding “Titanic” (“ ‘Titanic Is a Tough Shoot; What Else Is New?,” Calendar, May 5):
No one doubts Cameron has a laborious and excruciating task in completing the filming of “Titanic.” Cameron’s work ethic is inspiring.
Nevertheless, I feel Cameron hasn’t fully touched the most important part of his film, and that is its enormous budget. At an astounding estimated $200 million, “Titanic” has dethroned 1995’s “Waterworld” as the highest-costing movie in history.
In an era when major studios dishing out $100 million for a summer bonanza seems almost normal, “Titanic’s” budget symbolizes another frightening escalation. Studios should instead go in the other direction.
FERNANDO VALLEJO
Pacific Palisades
Only good movies
Get the Indie Focus newsletter, Mark Olsen's weekly guide to the world of cinema.
You may occasionally receive promotional content from the Los Angeles Times.
