7. The Great Ziegfeld
The 1936 musical drama The Great Ziegfeld about the entertainer Florenz Ziegfeld, Jr. beat out its competition at the Oscars. It was actually the first musical film in history to recognize an actor for an Academy Award (Luise Rainer won for Best Actress). The film made a paltry $3,000,000 in the U.S. at the time, which adjusted for inflation is about $51,094,100. Low for today’s standards, but it was actually one of the most successful films of the 1930s.
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