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The reviews are in for James Cameron’s latest film "Avatar." Critics are hailing the film as a groundbreaking, awe inspiring, cinematic success. It’s been over a decade since Cameron directed the Oscar-winning "Titanic." And although "Avatar" may rival "Titanic’s" budget by nearly $100 million, many are wondering if it will change modern filmmaking.

We’re taking a look at perspectives from The Daily Telegraph, CNBC, CBS, and The New York Times.

Cameron finished writing the story in 1996 but didn’t have the technology to meet the film’s demands, so he decided to wait for more advanced CGI and 3-D techniques. According to a review from The Telegraph, it is Cameron’s use of new technology in these areas that will boost it into cinematic history.

“The new digital 3-D system solved the problem; indeed, powerful voices in Hollywood…have predicted that the results are so immersive that the film and technology represent "the future of the movies", while cinemas have been scrambling to convert to the new format.”

But despite the appeal of these new technologies, many critics are still skeptical as to whether Cameron can surpass his success with "Titanic." CNBC asks box office analyst about his opinion.

“I think it can make money, but beating that $1.8 billion, I don’t think that’s gonna happen. Ya know, "The Lord of the Rings" movies did just over a billion dollars worldwide but not $1.8 billion, that’s a number that I think is going to hold for a long time.”

CBS talks to the director about competing with his own success and the pressure to deliver a “new 'Titanic.'”

“I don’t know if that’s a realistic goal, because "Titanic," I don’t want to say it was a fluke, but it definitely aligned with people around the world that took it to a kind of crazy height financially, but I think every filmmaker does compete with themselves, you try to better your art, you try to better your game every time out.”

A review from the New York Times says that "Avatar" may not be ground breaking, but it certainly lives up to a standard of movies that is seldom met. 

“Movies rarely carry us away, few even try. They entertain and instruct and sometimes enlighten…What’s often missing is awe, something Mr. Cameron has, after an absence from Hollywood, returned to the screen with a vengeance. He hasn’t changed cinema, but with blue people and pink blooms he has confirmed its wonder.”

So will this science fiction blockbuster reign in a new era of filmmaking? As its ticket sales increase, will it best "Titanic’s" $1.8 billion?

Writer: Paige Pritchard