Avatar to net Ingenious $200m

James Cameron’s epic sci-fi blockbuster Avatar is set to net media finance firm Ingenious Media a windfall profit of $200m (£123m) if the film goes on to become the highest-grossing film in history as expected. It is thought that Ingenious invested around $75m in the project along with fellow backers 20th Century Fox and Dune Entertainment. Avatar, which earlier this month became the fastest movie ever to reach the $1bn ticket sales mark around the world, would have to take $1.84bn at the box office to top the record held by previous Cameron film Titanic.