Gangster film Ford Coppola's "The Godfather" was released. The epic story of the Corleone family, its generational transition from post-prohibition to post-war, its fratricidal intrigues, and its tapestry of mid-century America's criminal underworld became a huge critical and commercial success. It accounted for nearly 10% of gross proceeds for all films for the entire year. It won the Oscar for Best Picture, as well as the award for Best Actor for Marlon Brando and is widely considered one of the greatest American films of all time. Two years later, "The Godfather Part II" became the fifth-highest-grossing film of the year and garnered
The Oscar (film) a promotional force for the film. The film features an impressive cast and crew, including several real Academy Award winners: eight-time costume design winner Edith Head (who would also be nominated, but not win, for "The Oscar"); Best Actor winners Borgnine and Crawford; Best Supporting Actor winners Begley, Brennan (three wins), Sinatra, and James Dunn, and cinematographer Joseph Ruttenberg. Also in the cast were Oberon and Parker, who had been nominated for Oscars but did not win. As movie star Frankie Fane (Boyd) is about to hear if he won a best acting Oscar, his friend Hymie Kelly (Bennett) reminisces