The Wizard of Oz, 1939
No need to describe this movie, which the U.S. Library of Congress believes is the most-seen movie of all time. The Wizard of Oz was a critical and commercial success upon its release. It was also so expensive to make—at the astronomical price of $3 million—it only made a profit when it was rereleased a decade later. Dorothy, Toto, and the rest had the misfortunate to compete against Gone With the Wind, which swept the Oscars like a Kansas tornado.
