"Harry Potter and the Goblet of Fire" will reportedly hold the title of "most expensive movie ever made," according to British news sources. The fourth installment of the fantasy series based on the best-selling books by J.K. Rowling will join the ranks of previous "most expensive" title holders "Titanic" and "Pearl Harbor."
Warner Bros. will pony up a hefty sum -- approximately $130 million, $36 million more than the budget for "The Lord of the Rings: The Return of the King" -- for the latest Potter adventure, directed by Mike Newell.
Newell is not taking the massive budget nor his filmmaking responsibilities lightly.
"These things are not like ordinary films. They are world events," he explains. "I have millions of 10-year-olds who must not be disappointed. Making 'Harry Potter' is like being President of Brazil. It is a colossal undertaking."
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