On 1 March 1998 — this day over 22 years ago — Titanic became the first movie ever to gross over $1 billion worldwide. By the weekend of April 13–15, 2012, the 3-hour-and-14-minute blockbuster had crossed the $2 billion threshold during its 3D re-release.
The blockbuster swept 11 Oscars at the 70th Academy Awards, including the Best Picture and Best Director Oscars for Director James Cameron.
The ship cost about $7.5 million to make, which would be about $180 million today after adjusting for inflation. Cameron’s budget for the film was $200 million in 1997.
To this day Titanic still holds the record for the most nominations – 14 in all – which it shares with All About Eve and La La Land — the latter picking up 14 nominations in 2017.
The film starred Leonardo DiCaprio and Kate Winslet as lovers aboard the ship that that sank in the Atlantic on 14 April 1912, carrying more than 1,500 people to their chilling deaths.
“There is no danger that Titanic will sink. The boat is unsinkable and nothing but inconvenience will be suffered by the passengers,” thus said Phillip Franklin, Vice-President, White Star Line that owned the Titanic. However, those were words that went down in history irrevocably.