In 2006 , '' Sex , Lies , and Videotape '' was selected and preserved by the United States National Film Registry as being deemed " culturally , historically , or aesthetically significant . " At the 1989 Cannes Film Festival , the film won the Palme d'Or and the FIPRESCI Prize , with Spader getting the Best Actor Award . It also won an Audience Award at the Sundance Film Festival . Soderbergh was nominated for an Academy Award for his screenplay
1989 Cannes Film Festival
1989 Cannes Film Festival
Sex, Lies, and Videotape