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Report: 'Titanic' director doing new film

Cameron's latest to have 'a pile of special effects'

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LOS ANGELES, California (Reuters) -- "Titanic" writer/director James Cameron is preparing a follow-up feature, six years after his maritime saga smashed worldwide box office records, Daily Variety reported in its Thursday edition.

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Cameron hopes to start shooting the untitled project, which he described as "a big-budget science-fiction film with a pile of special effects" later this year for 20th Century Fox with high-definition 3-D video cameras, the trade paper said.

Cameron announced his plans to sci-fi buffs on Tuesday during a question-and-answer session following a special Hollywood screening of his 1991 blockbuster "Terminator 2: Judgment Day," the paper said.

Fox, a unit of News Corp.'s Fox Entertainment Group Inc., financed "Titanic" with Viacom Inc.'s Paramount Pictures. Although it went way over budget, the 1997 film grossed $1.8 billion at the worldwide box office and won 11 Oscars, including best picture and director.

Since "Titanic," Cameron has directed two documentaries: "Ghosts of the Abyss," a 3-D giant-screen film that took him to Titanic's resting place at the bottom of Atlantic; and the TV special "Expedition: Bismarck," about the famed German battleship.

Copyright 2004 Reuters. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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