Making movies can be expensive, and making blockbuster movies can be appallingly expensive. But how does it compare to building a luxury cruise liner in the early 1900s?One of the prevailing myths in Hollywood that I've heard people bring up is that the budget for the movie Titanic was actually more than the cost of the boat that sank.But is that real? Today, on Movie Myth Monday, we're going to dig into this prevailing myth and see if there's any truth to it.Let's dive in.The Titanic Boat BudgetLet's start out with the actual Titanic, the boat. The RMS Titanic was the largest moving man-made object of its time, hence its name. The boat itself was constructed at the Harland and Wolff shipyard in Belfast and cost approximately $7.5 million in 1912. So if we adjust that for inflation to 1997 (the year the movie was released), that amount equals roughly $120 million to $150 million.Almost enough money to get a huge movie made. The Titanic Movie BudgetJames Cameron does not make small movies. He is famously a perfectionist, and the production of Titanic reflected that. Minus the whole time the cast and crew got drugged with PCP. This was a Fox movie, and there's actually a great podcast called Blockbuster that details the whole story. The budget ballooned from an initial $100 million estimate to a final staggering $200 million. At the time, it was the most expensive film ever made, leading many industry insiders to predict it would be...
Published By: NoFilmSchool - Monday, 8 December