Sinking of the RMS Titanic cultural phenomenon, commemorated by artists, film-makers, writers, composers, musicians and dancers from the time immediately after the sinking to the present day. On 1 September 1985, a joint US-French expedition led by Robert Ballard found the wreck of "Titanic", and the ship's rediscovery led to an explosion of interest in "Titanic"s story. Numerous expeditions have been launched to film the wreck and, controversially, to salvage objects from the debris field. The first major exhibition of recovered artefacts was held at London's National Maritime Museum in 1994–95. In 1997, James Cameron's eponymous film became the first movie ever to take $1
Lifeboats of the RMS Titanic lifeboat been filled accordingly, they could have only evacuated about 53% of those actually on board on the night of her sinking. The shortage of lifeboats was not due to the lack of space; "Titanic" had actually been designed to accommodate up to 64 boats – nor was it because of cost, as the price of an extra 32 lifeboats would only have been some $16,000, a tiny fraction of the $7.5 million that the company had spent on "Titanic". The reason lay in a combination of outdated safety regulations and complacency by the White Star Line, "Titanic"s operators. In