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Hollywood Sees a Bright Future in 3D

By March 9, 2010Newswires

Hollywood Sees a Bright Future in 3D
"The Hurt Locker" May Have Beat Out "Avatar," But the Film and TV Industry See a Winner in New Format

(CBS) When viewed in terms Hollywood knows best — money — last night`s matchup between "Avatar" and "The Hurt Locker" seemed no contest at all, reports CBS News correspondant Bill Whitacker.

"Avatar" is the all-time box office champ. It cost over $300 million to put on the screen and raked in $2.5 billion at the box office. Contrast that with "The Hurt Locker." The small, independent film cost just $15 million to make and took in just over $21 million.

But not only did "The Hurt Locker" blast past "Avatar" to win best picture, it shook up Hollywood`s old boys` club.

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