The most expensive film ever made at the time , '' Waterworld '' was released to mixed reviews , praising the futuristic setting and premise but criticizing the characterization and acting performances . The film also was unable to recoup its massive budget at the box office ; however , the film did later become profitable due to video and other post-cinema sales . The film was also nominated for an Academy Award in the category Best Sound at the 68th Academy Awards
68th Academy Awards
68th Academy Awards
Waterworld