"The Grandmaster" is described by Bettinson as a mixture of popular and arthouse traditions, with form, visuals, and themes consistent with Wong's previous work. Three different versions of the film exist, as Wong shorted it from its domestic release for the 2013 Berlin Film Festival, and again for its US distribution by the Weinstein Company. Described in "Slant Magazine" as his most accessible film since his debut, "The Grandmaster" won twelve Hong Kong Film Awards, including Best Film and Best Director, and received two Academy Award nominations (Cinematography and Production Design). Critics approved of the film, and with a worldwide gross of US$64 million it is Wong's most lucrative film to date.