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Heathers brought director Michael Lehmann and producer Denise Di Novi the 1990 Independent Spirit Award for Best First Feature.

Daniel Waters also gained recognition for his screenplay, which won a 1990 Edgar Award.

but went on to become a cult classic, with high rentals and sales business.

In 2006, it was ranked # 5 on Entertainment Weekly's list of the " 50 Best High School Movies " and in 2008, it was ranked # 412 on Empires list of The 500 Greatest Movies of All Time.