"I am king of the world!" exclaimed Cameron, quoting a line from the movie's hero, when he accepted his prize for Best Director at the 70th Annual Academy Awards.
Leonardo DiCaprio may be worth his weight in gold at the box office, but he was not worthy of an Oscar nod. Titanic won 11 Oscars, but the Academy snubbed the heartthrob.
In the music world, Shawn Colvin's Sunny Came Home won Record of the Year and Song of the Year at Grammy Awards in February. Her platinum album A Few Small Repairs reached number one on the adult contemporary chart.
Alan Cumming won a Tony for his role as the Emcee in Cabaret. The musical, which takes place at the mythical Kit Kat Klub also won a Tony for Best Musical Revival.
Garth Brooks took home the CMA's Entertainer of the Year Award. He beat out George Strait, who nevertheless was honored as Male Vocalist of the Year. Trisha Yearwood was named Female Vocalist of the Year. The Dixie Chicks were chosen as the Vocal Group of the Year.
After nine years Jerry Seinfeld and the gang signed off. Seinfeld, the sitcom about New Yorkers became a fan favorite, proving that people can find a show about nothing entertaining.
Reported by CBS News Correspondent Manuel Gallegus