Titanic (1997 film) on December 19, 1997, "Titanic" achieved critical and commercial success. Nominated for 14 Academy Awards, it tied "All About Eve" (1950) for the most Oscar nominations, and won 11, including the awards for Best Picture and Best Director, tying "Ben-Hur" (1959) for the most Oscars won by a single film. With an initial worldwide gross of over $1.84 billion, "Titanic" was the first film to reach the billion-dollar mark. It remained the highest-grossing film of all time until Cameron's "Avatar" surpassed it in 2010. A 3D version of "Titanic," released on April 4, 2012, to commemorate the centennial of the
Ben-Hur (1959 film) late 1950s, the consent decree of 1948 forcing film studios to divest themselves of theater chains and the competitive pressure of television had caused significant financial distress at MGM. In a gamble to save the studio, and inspired by the success of Paramount Pictures' 1956 Biblical epic "The Ten Commandments", studio head Joseph Vogel announced in 1957 that MGM would again move forward on a remake of "Ben-Hur". Filming started in May 1958 and wrapped in January 1959, and post-production took six months. Although the budget for "Ben-Hur" was initially $7 million, it was reported to be $10 million by