Released in October 1977, the film received mixed reviews from critics, some of whom lambasted it for its critical, and sometimes satirical depiction of Hollywood and the pressures of the film studio system; other critics praised the film for its lush visuals and performances. Despite the mixed critical response, the film received three BAFTA Award nominations, for Best Cinematography, Best Costume Design, and Best Production Design. Russell later described his decision to make the film instead of "The Rose" with Bette Midler as the biggest mistake of his career.