Artnet: Eileen Kinsella

 A group of British museums is hoping that a $20 million offer will help keep a collection of more than 5,000 relics from the Titanic—which sank in the North Atlantic more than 100 years ago—from being broken up and sold off piecemeal. Filmmaker James Cameron, who directed the 1997 Oscar-winning film Titanic starring Leonardo Dicaprio and Kate Winslet, is also supporting the effort.

The current owner of the collection, Premier Exhibitions, which had toured the artifacts around the world in a string of blockbuster exhibitions, has declared bankruptcy and is currently in the midst of reorganization proceedings in US Bankruptcy Court. Premier has sought permission to sell off star items individually, according to a report in The Guardian …Read More

Pictured: James Cameron at the Titanic Belfast Museum in Belfast | Peter Muhly.