Leonardo DiCaprio and Kate Winslet in a scene from the 1997 smash 'Titanic' in an image courtesy of Paramount.[Reuters]

Leonardo DiCaprio and Kate Winslet, who played ill-fated lovers in the 1997 smash hit "Titanic," are reuniting for a drama about postwar disillusionment, the DreamWorks movie studio said on Friday.

"Revolutionary Road" will be directed by Winslet's husband, British filmmaker Sam Mendes, who won an Oscar for directing 1999's dysfunctional family drama "American Beauty."

The DreamWorks project, based on the 1961 novel by Richard Yates, revolves around a suburban couple caught between their hopes for a life of art, culture and sophistication and the everyday drudgery of boring jobs and domesticity.

"Revolutionary Road" is considered a master work of modern American literature, and was named one of the top 100 novels of all time by Time magazine.

In "Titanic," DiCaprio's working-class character fell in love with a wealthy socialite played by Winslet aboard the doomed ocean liner that sank in the icy North Atlantic in 1912.

It became the highest-grossing movie of all time, raking in more than $1.8 billion in global ticket sales, and made DiCaprio and Winslet household names.

Both DiCaprio and Winslet were nominated for Oscars this year, for thriller "Blood Diamond" and drama "Little Children," respectively. DiCaprio has earned three Oscar nominations and Winslet five.

DreamWorks is a unit of Viacom Inc.'s Paramount Pictures.