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The following is an overview of events in 1986 in film, including the highest-grossing films, award ceremonies and festivals, a list of films released and notable deaths.

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In home video
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Screenplay

See also: List of 1986 box office number-one films in the United States

The top ten 1986 released films by box office gross as follows:

Highest-grossing films of 1986
Rank Title Distributor Domestic gross
1. Top Gun Paramount $176,781,728
2. Crocodile Dundee $174,803,506
3. Platoon Orion Pictures $138,530,565
4. The Karate Kid Part II Columbia $115,103,979
5. Star Trek IV: The Voyage Home Paramount $109,713,132
6. Back to School Orion $91,258,000
7. Aliens 20th Century Fox $86,160,248
8. The Golden Child Paramount $79,817,937
9. Ruthless People Touchstone Pictures $71,624,879
10. Ferris Bueller's Day Off Paramount $70,136,169
  • February 3 - Pixar Animation Studios is founded by Edwin Catmull and Alvy Ray Smith.
  • April - Guy McElwaine resigns as head of Columbia Pictures.
  • April 26 - Actor Arnold Schwarzenegger marries television journalist Maria Shriver.
  • August 6 - Timothy Dalton is officially announced as the fourth actor to portray James Bond.
  • September - David Puttnam becomes head of Columbia Pictures.
  • September 13 - Film review television program Siskel & Ebert premieres in syndication. Although the two critics had been working as a pair since 1975, this will be their longest running program and will run in various incarnations until 2010.
  • November 21 - The first animated film produced by Steven Spielberg, An American Tail, is released, and breaks the record once held by Disney's The Rescuers for the largest financial amount made for an animated film on opening weekend.
  • November 29
    • Actor Cary Grant dies of a cerebral hemorrhage.
    • Stuntman Dar Robinson is killed on the set of the film Million Dollar Mystery.
Category/Organization 44th Golden Globe Awards
January 31, 1987		 40th BAFTA Awards
February 22, 1987		 59th Academy Awards
March 30, 1987
Drama Musical or Comedy
Best Film Platoon Hannah and Her Sisters A Room with a View Platoon
Best Director Oliver Stone
Platoon		 Woody Allen
Hannah and Her Sisters		 Oliver Stone
Platoon
Best Actor Bob Hoskins
Mona Lisa		 Paul Hogan
"Crocodile" Dundee		 Bob Hoskins
Mona Lisa		 Paul Newman
The Color of Money
Best Actress Marlee Matlin
Children of a Lesser God		 Sissy Spacek
Crimes of the Heart		 Maggie Smith
A Room with a View		 Marlee Matlin
Children of a Lesser God
Best Supporting Actor Tom Berenger
Platoon		 Ray McAnally
The Mission		 Michael Caine
Hannah and Her Sisters
Best Supporting Actress Maggie Smith
A Room with a View		 Judi Dench
A Room with a View		 Dianne Wiest
Hannah and Her Sisters
Best Screenplay, Adapted The Mission
Robert Bolt		 Out of Africa
Kurt Leudtke		 A Room with a View
Ruth Prawer Jhabvala
Best Screenplay, Original Hannah and Her Sisters
Woody Allen		 Hannah and Her Sisters
Woody Allen
Best Foreign Language Film The Assault
(De Aanslag)		 Ran
(Ran)		 The Assault
(De Aanslag)

Palme d'Or (Cannes Film Festival):

The Mission, directed by Roland Joffé, United Kingdom

Golden Lion (Venice Film Festival):

The Green Ray (Le Rayon vert), directed by Éric Rohmer, France

Golden Bear (Berlin Film Festival):

Stammheim, directed by Reinhard Hauff, West Germany

Golden Raspberry Awards

Worst Picture: Howard the Duck and Under the Cherry Moon (tie)
Worst Director: Prince - Under the Cherry Moon
Worst Actor: Prince - Under the Cherry Moon
Worst Actress: Madonna - Shanghai Surprise
Worst Supporting Actor: Jerome Benton - Under the Cherry Moon
Worst Supporting Actress: Dom DeLuise (in drag) - Haunted Honeymoon
Worst Screenplay: Howard the Duck

January–March

Opening Title Studio Cast and crew Genre Medium
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Y 		10 Black Moon Rising New World Pictures Harley Cokeliss (director); John Carpenter, William Gray, Desmond Nakano (screenplay); Tommy Lee Jones, Linda Hamilton, Robert Vaughn, Richard Jaeckel, Bubba Smith, Keenan Wynn, Lee Ving Action Live action
17 The Adventures of the American Rabbit Atlantic Releasing Corporation / Clubhouse Pictures / Toei Animation Fred Wolf, Nobutaka Nishizawa (directors); Norman Lenzer (screenplay); Barry Gordon, Laurie O'Brien, Bob Arbogast, Kenneth Mars, Pat Fraley, Russi Taylor, Bob Holt, Lorenzo Music, Hal Smith Children, Superhero Animation
The Clan of the Cave Bear Warner Bros. Pictures / Producers Sales Organization Michael Chapman (director); John Sayles (screenplay); Daryl Hannah, Pamela Reed, James Remar, Thomas G. Waites, Curtis Armstrong, John Doolittle, Martin Doyle, Tony Montanaro Fantasy Live action
Heathcliff: The Movie Atlantic Releasing Corporation / Clubhouse Pictures / DIC Entertainment / LBS Communications Bruno Bianchi (director); Alan Swayze (screenplay); Mel Blanc, Donna Christie, Jeannie Elias, Marilyn Lightstone, Ted Zeigler, Stan Jones, Danny Mann, Peter Cullen, Danny Wells Children Animation
Hey There, It's Yogi Bear! (re-issue) Atlantic Releasing Corporation / Clubhouse Pictures / Hanna-Barbera William Hanna, Joseph Barbera (directors/screenplay); Warren Foster (screenplay); Daws Butler, Don Messick, Julie Bennett, Mel Blanc, J. Pat O'Malley, Hal Smith Comedy, Musical Animation
Iron Eagle TriStar Pictures Sidney J. Furie (director/screenplay); Kevin Elders (screenplay); Louis Gossett Jr., Jason Gedrick, David Suchet, Larry B. Scott, Caroline Lagerfelt, Tim Thomerson Action Live action
Troll Empire Pictures John Carl Buechler (director); Ed Naha (screenplay); Noah Hathaway, Michael Moriarty, Shelley Hack, Jenny Beck, Sonny Bono, Phil Fondacaro, Brad Hall, Anne Lockhart, Julia Louis-Dreyfus, Gary Sandy, June Lockhart Fantasy, Comedy Live action
24 My Chauffeur Crown International Pictures David Beaird (director/screenplay); Deborah Foreman, Sam J. Jones, Sean McClory, Howard Hesseman, E.G. Marshall, Penn Jillette, Teller Comedy, Drama Live action
31 The Best of Times Universal Studios / Kings Road Entertainment Roger Spottiswoode (director/screenplay); Ron Shelton (screenplay); Robin Williams, Kurt Russell, Pamela Reed, Holly Palance, Donald Moffat, Margaret Whitton, M. Emmet Walsh, Donovan Scott, R. G. Armstrong, Dub Taylor Comedy Live action
Down and Out in Beverly Hills Touchstone Pictures / Silver Screen Partners Paul Mazursky (director/screenplay); Leon Capetanos (screenplay); Nick Nolte, Bette Midler, Richard Dreyfuss, Elizabeth Peña, Little Richard, Evan Richards, Tracy Nelson Comedy Live action
Power 20th Century Fox / Lorimar Productions Sidney Lumet (director); David Himmelstein (screenplay); Richard Gere, Julie Christie, Gene Hackman, Kate Capshaw, Denzel Washington, Michael Learned, J. T. Walsh Drama Live action
Youngblood Metro-Goldwyn-Mayer / United Artists Peter Markle (director/screenplay); John Whitman (screenplay); Rob Lowe, Cynthia Gibb, Patrick Swayze, Ed Lauter, Eric Nesterenko, Keanu Reeves Drama, Sports Live action
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Y 		7 F/X Orion Pictures Robert Mandel (director); Gregory Fleeman, Robert T. Megginson (screenplay); Bryan Brown, Brian Dennehy, Diane Venora, Cliff DeYoung, Mason Adams, Jerry Orbach, Joe Grifasi, Trey Wilson, Tom Noonan Action, Thriller Live action
Night on the Galactic Railroad DIC Entertainment / Metro-Goldwyn-Mayer David Mendenhall, Candy Candido Drama Animation
14 The Delta Force Cannon Films / Golan-Globus Menahem Golan (director/screenplay); James Bruner (screenplay); Chuck Norris, Lee Marvin, Martin Balsam, Joey Bishop, Kim Delaney, Robert Forster, Lainie Kazan, George Kennedy, Hanna Schygulla, Susan Strasberg, Bo Svenson, Robert Vaughn, Shelley Winters Action, Thriller Live action
Knights of the City New World Pictures Dominic Orlando (director); Leon Isaac Kennedy (screenplay); Leon Isaac Kennedy, Nicholas Campbell, John Mengatti, Janine Turner, Stoney Jackson Action, Adventure Live action
Quicksilver Columbia Pictures Thomas Michael Donnelly (director/screenplay); Kevin Bacon, Jami Gertz, Paul Rodriguez, Louie Anderson, Laurence Fishburne, Rudy Ramos, Gerald S. O'Loughlin Drama Live action
TerrorVision Empire Pictures Ted Nicolaou (director/screenplay); Charles Band (screenplay); Diane Franklin, Gerrit Graham, Mary Woronov, Chad Allen, Jonathan Gries, Jennifer Richards, Alejandro Rey, Bert Remsen Horror, Comedy Live action
Wildcats Warner Bros. Pictures Michael Ritchie (director); Ezra Sacks (screenplay); Goldie Hawn, James Keach, Swoosie Kurtz, Wesley Snipes, Woody Harrelson, Jan Hooks Comedy, Sports Live action
19 Parting Glances Cinecom Bill Sherwood (director/screenplay); Richard Ganoung, John Bolger, Steve Buscemi, Adam Nathan, Kathy Kinney, Patrick Tull Comedy, Drama Live action
21 9½ Weeks Metro-Goldwyn-Mayer / Producers Sales Organization Adrian Lyne (director); Sarah Kernochan, Zalman King, Patricia Louisanna Knop (screenplay); Kim Basinger, Mickey Rourke, Margaret Whitton, David Margulies, Christine Baranski, Karen Young Erotic, Romance, Drama Live action
The Hitcher TriStar Pictures / HBO Films / Silver Screen Partners Robert Harmon (director); Eric Red (screenplay); Rutger Hauer, C. Thomas Howell, Jeffrey DeMunn, Jennifer Jason Leigh, John M. Jackson, Billy "Green" Bush, Jack Thibeau, Armin Shimerman Horror Live action
28 Pretty in Pink Paramount Pictures Howard Deutch (director); John Hughes (screenplay); Molly Ringwald, Harry Dean Stanton, Jon Cryer, Annie Potts, James Spader, Andrew McCarthy, Kate Vernon, Kristy Swanson Romantic Comedy, Drama Live action
Salvador Hemdale Film Corporation Oliver Stone (director/screenplay); Richard Boyle (screenplay); James Woods, Jim Belushi, Michael Murphy, John Savage, Elpidia Carrillo, Cynthia Gibb, Tony Plana War, Drama Live action
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H 		7 Care Bears Movie II: A New Generation Columbia Pictures / Nelvana / LBS Communications / American Greetings Dale Schott (director); Peter Sauder (screenplay); Maxine Miller, Pam Hyatt, Cree Summer, Hadley Kay, Alyson Court, Billie Mae Richards, Dan Hennessey, Bob Dermer, Chris Wiggins Children Animation
Highlander 20th Century Fox / Cannon Films Russell Mulcahy (director); Gregory Widen, Larry Ferguson, Peter Bellwood (screenplay); Christopher Lambert, Roxanne Hart, Clancy Brown, Sean Connery, Beatie Edney, Alan North, Jon Polito, Sheila Gish, Hugh Quarshie, Christopher Malcolm, Peter Diamond Action, Adventure, Fantasy Live action
Nomads Atlantic Releasing Corporation John McTie

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