It cost 7 million dollars to build the Titanic and 200 million to make a film about it.

Specifically, it cost $200 million. Part of the cost of the film was building a partial replica of the ship itself. The movie actually cost more than the real Titanic.
In 1910-1912 when the Titanic was being built, it cost about $7.5 million. In 1997 dollars, when the movie was made, that would be about $120-$150 million.
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