In 1997, the film industry saw the release of several iconic movies that left a lasting impact. Notable films included Titanic, directed by James Cameron, which became the highest-grossing film of all time at that point. Other significant releases were Men in Black, The Fifth Element, and Good Will Hunting, showcasing a variety of genres from science fiction to drama. The year also marked the debut of DreamWorks, a new major studio founded by Steven Spielberg, Jeffrey Katzenberg, and David Geffen. Additionally, the Academy Awards honored films from the previous year, with The English Patient winning the Oscar for Best Picture, further highlighting the diverse cinematic landscape of 1997.