"Ed Wood" was originally in development at Columbia Pictures, but the studio put the film in "turnaround" over Burton's decision to shoot in black-and-white. "Ed Wood" was taken to Walt Disney Studios, which produced the film through its Touchstone Pictures label. The film proved financially unsuccessful, returning only $5.9 million against an $18 million budget, but was met with critical acclaim upon release, with particular praise for Landau's performance and makeup. It eventually became a cult classic and won two Academy Awards: Best Supporting Actor for Landau and Best Makeup for Rick Baker (who designed Landau's prosthetic makeup), Ve Neill and Yolanda Toussieng.