Kurtz. This would allow the studio to advertise American Graffiti as "From the Man Who Gave You The Godfather." Production proceeded with virtually no input or interference from Universal. The film was released in the United States on August 1, 1973, to sleeper hit reception. The film cost only $1.27 million to produce and market, but yielded worldwide box office gross revenues of more than $55 million. It had only modest success outside the United States, but became a cult film in France. Universal reissued Graffiti in 1978 and earned an additional $63 million, which brought the total revenue for the two releases to $118 million. At the end of its theatrical run, American Graffiti had one of the best cost-to-profit ratios of any motion picture ever. It was the thirteenth-highest-grossing film of all time in 1977, and, adjusted for inflation, is currently the forty-third highest. By the 1990s, American Graffiti had earned more than $200 million in box office gross and home video sales. In December 1997, Variety reported that the film had earned an additional $55.13 million in rental revenue. American Graffiti went on to receive widespread critical acclaim. Based on 33 reviews collected by Rotten Tomatoes, 97% of the critics enjoyed the film with an average score of 8.3/10. The consensus reads, "One of the most influential of all teen films, American Graffiti is a funny, nostalgic, and bittersweet look at a group of recent high school grads' last days of innocence." Kurtz and Coppola were nominated for the Academy Award for Best Picture but lost to The Sting. Further nominations at the 46th Academy Awards included Best Director (George Lucas), Best Original Screenplay (Lucas, Willard Huyck and Gloria Katz), Best Supporting Actress (Candy Clark) and Best Film Editing (Verna Fields and Marcia Lucas). Kurtz and Coppola went on to win the Best Motion Picture (Musical or Comedy) at the 31st Golden Globe Awards, while Paul Le Mat won Most Promising Newcomer. Lucas was nominated for Best Director and Richard Dreyfuss was nominated for Best Actor in a Comedy or Musical. More nominations included Cindy Williams by the British Academy of Film and Television Arts for Best Actress in a Supporting Role, Lucas for the Directors Guild of America Award for Outstanding Directing, and Lucas, Huyck and Katz by the Writers Guild of America for Best Original Comedy. In 1995, the film was selected for preservation in