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Soundwave said:

Titanic did have amazing legs that said, Titanic came out at a time when people watched movies on blurry VHS tapes and the average home TV was a 4:3 ratio 25 inches in crappy SD resolution, there was no Netflix or easy download of pirated movies online.

Today most homes have a large theatrical LCD/plasma screens of 40-50 inches, high definition, way more things to watch and do and the movie ticket issue cuts both ways ... yes tickets are more expensive today, but that also keeps a lot people away from the theater today (why pay $12 a ticket for a movie when you have a big screen at home).

Titanic would not have made that kind of money with the competitive issues TFA has to deal with, people would've seen it 1-2 times, not 3-4 times like a lot of people did.

It also had a run where a lot of crap was coming out. Once it was clear of the Bond movie in late 1997, it was pretty much clear sailing (no pun intended) for a long period of time. 

And what competitive issues did TFA face? 

And so what if most homes have big TVs? Do the movies get released on the same day in Netflix? Same week or month? More like a year late.

There's also 55% more theatres now.

The average ticket costs 84% more.

The US population has grown by 17%. Ditto for the Canadian population.