Oscar Impact: Reds

The extent of Oscar impact ultimately depends on the kind of films being nominated and the kinds of nominations received.

From the start, the historical romance “Reds” (1981) was perceived as more of a high-brow fare because of its political content and insertion of interviews with some of the real-life participants in the events.

Warren Beatty, the film's producer, co-writer, director, and star, hoped that the Oscar nominations (and awards) would elevate and broaden the problematic picture' visibility. However, failing to win the Best Picture Oscar, the epic picture didn't even recoup its budget.

Nominated for 11, “Reds” won two Oscars, for Beatty as director, and for Maureen Stapleton as Supporting Actress, but the awards proved to be of no help at the box-office.