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At the time of its release, James Cameron's Titanic was the most expensive film production ever mounted, and widely expected to be a critical and commercial failure.
Negative rumors about the film began to swirl after the film's production, which required financing from both Paramount Pictures and 20th Century Fox, ran both overlong and over-budget. However, Titanic is now known as one of the most successful blockbuster films of all time— becoming the most profitable film ever made at the time of its release, and staying #1 at the box office for fifteen straight weeks in the winter of 1997 and spring of 1998.
It held that title until the release of James Cameron's science-fiction epic Avatar in 2009.
In order to shoot the opening sequence of the film, James Cameron secured funding to descend to the actual wreckage of the Titanic in the North Atlantic using the Russian research vessel Akad