This most under-appreciated best picture winners movie list features the top most-underappreciated Oscar films of all time, including only titles that have already released. In order to be included in this top 5 most under-appreciated best picture winners list each film has to have won the Academy Award for best picture of the year sometime between present and 1978. Author discretion is the final criteria used to distinguish these most under-appreciated best picture winners.
5. Chicago (2002)
Box Office Gross: $170,687,518 Adjusted for 2015: $229,847,900
A starry-eyed would-be star discovers just how far the notion that “there’s no such thing as bad publicity” can go in this screen adaptation of the hit Broadway musical Chicago, originally directed and choreographed by Bob Fosse. In the mid-’20s, Roxie Hart (Renee Zellweger) is a small-time chorus dancer married to a well-meaning dunderhead named Amos (John C. Reilly). Roxie is having an affair on the side with Fred Casley (Dominic West), a smooth talker who insists he can make her a star. However, Fred strings Roxie along a bit too far for his own good, and when she realizes that his promises are empty, she becomes enraged and murders Fred in cold blood. Roxie soon finds herself behind bars alongside Velma Kelly (Catherine Zeta-Jones), a sexy vaudeville star who used to perform with her sister until Velma discovered that her sister had been sleeping with her husband. Velma shot them both dead, and, after scheming prison matron “Mama” Morton hooks Velma up with hotshot lawyer Billy Flynn (Richard Gere), Velma becomes the new Queen of the scandal sheets. Roxie is just shrewd enough to realize that her poor fortune could also bring her fame, so she convinces Amos to also hire Flynn. Soon Flynn is splashing Roxie’s story — or, more accurately, a highly melodramatic revision of Roxie’s story — all over the gutter press, and Roxy and Velma are soon battling neck-to-neck over who can win greater fame through the headlines. A project that had been moving from studio to studio since the musical opened on Broadway in 1973.