On this day in 1998 the film Titanic won a record number of Academy Awards in the history of cinematography. It was nominated for 14 Academy Awards and won 11. By the number of Oscars won, only two other films can match Titanic, both with fewer nominations: Ben-Hur (11 Oscars and 12 nominations) and The Lord of the Rings: The Return of the King (11 Oscars and 11 nominations).
Of the major Oscars, Titanic won the ones for Best Picture and Best Director (James Cameron). When it was filmed, Titanic was the most expensive film in history, but during the 2000s a series of costly films was made, so that as many as 15 films overtook Titanic’s budget in the meantime. Titanic has so far earned a total of about 2 billion, 185 million U.S. dollars, and was the highest-grossing film of all time, until it was surpassed in 2009 by Cameron’s other film hit – Avatar.