But it became hugely popular with movie poster designers, as this video by Kirby Ferguson demonstrates.Posters which feature the font include Titanic (1997), Lemony Snicket’s A Series of Unfortunate Events (2004) and more recently This Is It (2009).
But check out this slideshow to get some idea of how ubiquitous it has become:
The easy answer as to its success is that it has been used in popular movies, but I think there is a deeper reason as to why it became so popular.
Maybe the old-style classiness projects an image of authority, which might also explain why politicians love it.
This is actually important for upscale mainstream films such as Titanic which are looking for that veneer of class to distinguish themselves from rival fare at the multiplex.
In a sense the font has come to represent a hybrid of commercial success and cultural importance, even if the films using it have neither.
Maybe after the phenomenon of Titanic, it spread like a virus amongst movie marketing departments because they wanted to emulate that elusive holy grail of box office dollars and worthy prestige.