Well they keep making more and more up budget movies all the time. E.T is just an example of a very high gross movie. Especially considering what year it was made. where maybe not all movies would have gotten that much money. But I have i a feeling it might be the Rocky Horror Show. Because it is the longest viewing movie of all time. It was sucssesfull with a very particular type of people. And they love it so much they Keeping going to see special viewings of it. So even after all this time that movie is still raking in money years after it's release.
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According to several online sources, the highest grossing movie in US history is Avatar, released in 2009. Interestingly, both it and the second highest grossing film, 1997's Titanic, were written and directed by James Cameron.
See the link below for the most up-to-date listing of the biggest money-makers among movies.
To date, 'Avatar' has taken in excess of $2.7 billion worldwide, however when you adjust for inflation the ticket sales for the 1939 film 'Gone with the Wind' would be worth over $6 billion today.
Currently, Avatar is the number one film with United States grosses of $760,507,625, but if receipts are adjusted for inflation, Gone With the Wind is the top film of all time.
The Titanic
When inflation is accounted for, "Gone With The Wind" (1939) has made more money than any other film.
Earth , Wind and Fire
The best Nicolas cage movie ever is face off .
Time for Heros by The Libertines