Avatar is king of the world

Variety reports: James Cameron has conquered the worldwide box office, again.

As of yesterday, 20th Century Fox and Cameron's Avatar surpassed previous record holder Titanic to become the highest worldwide grosser of all time.

Fox said final figures won't be available until later today, but with weekend numbers for Avatar totaling $1.838 billion worldwide, pic's expected $15 million domestic earnings should give the pic enough steam to sail past Titanic with a global cume of $1.842 billion.

This latest record comes just after Avatar made history over the weekend, grossing $1.29 billion at the international B.O. to tackle Titanic's $1.24 billion.

Titanic still reigns Stateside with $600.8 million, but as Avatar maintains a heady lead over its competition -- pic fell only 16% in its sixth frame -- holdover should continue to close the gap, having already earned $551.7 million as of Sunday.

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