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
Wreck of the RMS Titanic US and the UK. Only a few days after Ballard's discovery of the wreck, Jack Grimm – the author of the unsuccessful early 1980s attempts to find "Titanic" – claimed ownership of it on the grounds that he had allegedly been the first to find it. He announced that he intended to begin salvaging the wreck. He said that he "[couldn't] see them just lie there and be absorbed by the ocean floor. What possible harm can [salvage] do to this mass of twisted steel?" Titanic Ventures Inc., a Connecticut-based consortium, co-sponsored a survey and salvage operation in 1987 with