Titanic Composer Sails to Bank

NEW YORK (Variety) - Forget the two Oscars he won for the music to ``Titanic.'' James Horner is creating more of a buzz for a ``Titanic'' soundtrack deal that has the composer homing in on a record payday that may be more than $20 million. Insiders familiar with the deal say it breaks down this way: Horner got an upfront scoring fee of around $800,000. But that's just the tip of the iceberg. He also gets royalty points on the instrumental soundtrack and shares publishing and songwriting fees for the Celine Dion hit ``My Heart Will Go On.'' Sources say the fees mean Horner will earn $1.20 per album -- a rate typical for platinum-selling superstar artists.

-- Dan Draghici (ddraghic@sprint.ca), March 27, 1998