Titanic is set to sink again with reports confirming Titanic II is in the works.
The straight-to-DVD release will act as a sequel to James Cameron's 1997 blockbuster which starred Leonardo DiCaprio and Kate Winslet, and was awarded 11 Oscars and is one of the highest grossing movies of all time.
According to IMDB, Titanic II is in production with an expected release date in late-2010.
The movie's synopsis offers an explanation to the inevitable "But the boat already sank?" questions:
On the 100th anniversary of the original voyage, a modern luxury liner christened “Titanic 2,” follows the path of its namesake. But when a tsunami hurls an ice berg into the new ship’s path, the passengers and crew must fight to avoid a similar fate.
Titanic II will star Bruce Davison and Baywatch-babe Brooke Burns.
Do you think James Cameron is kicking himself now for focusing on Avatar instead of a Titanic sequel?