01 March - Titanic, based on the ship of the same name, becomes the first film to gross $1 billion.

 

"Titanic," directed by James Cameron and based on the ship of the same name, became the first film to gross $1 billion on March 1, 1998. The film's tremendous success at the box office was a historic achievement, and it continued to be the highest-grossing film worldwide until James Cameron's "Avatar" surpassed it in 2010.