It happened 12 years ago with 'Titanic.' Now James Cameron may bring in a billion bucks again with 'Avatar.'

The Los Angeles Times reports Cameron's science fiction epic has already earned $232.2 million worldwide in its first weekend of release, the ninth-biggest global debut of all time (not adjusted for inflation). And it's the biggest ever for a non-sequel. It happened 12 years ago with 'Titanic.' Now James Cameron may bring in a billion bucks again with 'Avatar.'

The Los Angeles Times reports Cameron's science fiction epic has already earned $232.2 million worldwide in its first weekend of release, the ninth-biggest global debut of all time (not adjusted for inflation). And it's the biggest ever for a non-sequel.

Domestically, 'Avatar' brought in $73 million, a gross that was significantly affected by the snowstorm that slammed the East Coast over the weekend. Nonetheless, it was a solid performance, the second-biggest ever for a December release. Fox executives believe that strong word of mouth will help 'Avatar' earn just as much in its second weekend, meaning it could hit $200 million domestic before 2009 comes to a close.

The big money for 'Avatar' so far, though, is internationally, where it's already earned $159.2 million -- and it still has yet to open in Japan and China.

What do you think? Will lightning strike twice for the King of the World?

Will 'Avatar' Make a Billion Bucks?
Without a doubt. It's a James Cameron movie!2025 (66.3%)
Too early to tell. It has a good chance, though. 906 (29.7%)
No way! Without Jack and Rose, there will be no billion.124 (4.1%)