Bonnie and Clyde is considered one of the first films of the New Hollywood era and a landmark picture. It broke many cinematic taboos and for some members of the counterculture, the film was considered a "rallyingcry". Its success prompted other filmmakers to be more open in presenting sex and violence in their films. The film's ending became iconic as "one of the bloodiest death scenes in cinematic history."
The film received Academy Awards for Best Supporting Actress (Estelle Parsons) and Best Cinematography (Burnett Guffey). In 1992, it was selected for preservation in the United States National Film Registry by the Library of Congress as"culturally, historically, or aesthetically significant." It was ranked 27th on the American Film Institute's 1998 list of the 100 greatest American films of all time, and 42nd on its 2007 list.
The film was intended as a romantic and comic version of the violent gangster films of the 1930s, updated with modern filmmaking techniques. Arthur Penn portrayed some of the violent scenes with a comic tone, sometimes reminiscent of KeystoneKops-style slapstick films, then shifted disconcertingly into horrific and graphic violence. The film has the French New Wave directors' influence, both in its rapid shifts of tone, and in its choppy editing, which is particularly noticeable in its closingsequence.