Tootsie and financial success, the second most profitable film of 1982, and was nominated for ten Academy Awards including Best Picture. Lange was the only winner, for Best Supporting Actress. In 1998, the Library of Congress deemed the film "culturally, historically, or aesthetically significant" and selected it for preservation in the National Film Registry. The theme song, "It Might Be You", was performed by Stephen Bishop, with music by Dave Grusin and lyrics by Alan and Marilyn Bergman. It was a Top 40 hit in the United States and hit 1 on the adult contemporary chart. Michael Dorsey is a respected
Tootsie (musical) woman in order to land a job. The musical had an industry reading in June 2017. Santino Fontana played the lead role of actor Michael, who transforms to "Dorothy" to obtain a role. Scott Ellis replaced Casey Nicholaw as director. The stage musical version of "Tootsie" premiered in previews at the Cadillac Palace Theatre in Chicago, beginning September 11, 2018, with an opening at the Palace scheduled for September 29, and a run to October 14, 2018. The musical is expected to start on Broadway on March 29, 2019 in previews at the Marquis Theatre. The musical has music and