For James Cameron’s Titanic, until then, the most expensive film ever made (an
estimated $200 million budget), two major studios have to join
forces: Paramount Pictures and 20th Century Fox.
The film is directed, written,
co-produced, and co-edited by James Cameron. Leonardo DiCaprio and Kate Winslet
star as passengers who belong to different social classes and fall in love aboard
the ship during its ill-fated maiden voyage.
Production begins in 1995, when Cameron shoots footage of
the actual Titanic wreck. Before Titanic hits
the screens, various film critics predict it would „sink“ at the box office. However, with an initial worldwide gross of over $1.84 billion, Titanic is the first film to reach the billion-dollar mark and surpasses Spielberg’s Jurassic Park (1993) as the highest-grossing film of all time.
Cameron later confesses that he tried to buy the film rights for Jurassic Park but Spielberg "beat me to it by a few hours.” So, he kind of gets his revenge…
Titanic is nominated for fourteen Academy Awards, and wins
eleven, including Best Picture and Best Director. In his acceptance speech, Cameron
exclaims „I’m the king of the world“ and embarrasses those in the audience who
don’t get his reference to the film’s dialogue.
Spielberg casts Leonardo DiCaprio in Catch Me If You Can