Pic's initial run wild and is 3rd-highest grosser
“Star Wars: Episode I — The Phantom Menace” became on Saturday one of only two films ever to gross more than $400 million in its initial domestic release. “Titanic” is the other titan.The prequel to Lucasfilm and 20th Century Fox’s blockbuster sci-fi franchise also became the third highest-grossing film of all time in North America, surpassing the $399.8 million lifetime cume of Universal’s “E.T. the Extra-Terrestrial.” Only “Titanic” and “Star Wars” have earned more at the North American box office. Lucasfilm is now responsible for four of the 10 top-grossing films of all time: “Menace” plus the three previous “Star Wars” pics. Fox has released or produced six of the top 10, including “Independence Day” and “Titanic,” which it co-produced and distributed overseas. “This has been an incredible ride for all of us here at Fox,” said Tom Sherak, chairman of 20th Century Fox Domestic Film Group. “We have been privileged to be a part of the continuing ‘Star Wars’ phenomenon.” The weekend also saw Warner Bros.’ “Wild Wild West” break the $100 million mark.