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The Sun had first reported the anonymously sourced story which claimed the director was in talks with a major streamer to helm a movie or series about the Titan voyage.
The initiative was announced in partnership with Re:wild, an organisation founded in 2021 by a group of renowned conservation scientists and DiCaprio.
The Coast Guard is leading the investigation into why the submersible imploded during its June 18 descent.
As portfolios grow, so does the demand for experiences – from staying in high-end tents in wildlife reserves in Africa, to viewing world famous art, without the crowds.
The ill-fated submarine met its fate in the North Atlantic Ocean, close to the wreckage of the iconic Titanic, on June 18.
Cameron reveals that numerous individuals in the region had alerted Ocean Gate to the safety concerns associated with taking passengers into the deep sea.
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Titan, owned and operated by OceanGate Expeditions, began taking people to the Titanic's wreck in 2021.
The journey to the spot, which is 3.8 km below the sea-level, takes two hours and the return journey also consumes an equal time.
The US Coast Guard and OceanGate Expeditions recently announced that the tourists onboard Titan are declared dead.