Bob Geldof Benefits From Avatar Profits

Avatar has swelled Bob Geldof's bank account - he's reportedly set to make $80,000 (£50,000) from the hit movie.
 
The former Boomtown Rats rocker is one of several stars who ploughed cash into a scheme offering tax-relief to film investors.
 
And his backing of James Cameron's 3-D epic has paid off - he will net an estimated $80,000 (£50,000) profit from the movie's success.
 
Geldof says, "Thank you very much for the good news. I haven't seen the film yet, but I will now that I own a brief second of it. I've got even more incentive to go see it."
 
Soccer star David Beckham, director Guy Ritchie, and musician Peter Gabriel also signed up to invest in Avatar.

Since being released in December the movie has gone on to become the biggest grossing movie of all time, taking over the top spot from Titanic.

Avatar is also the quickest film to break the $1 billion barrier, achieveing that feat in just seventeen days.