"Reds" was Warren Beatty's ambitious passion project of 1981, the film that was supposed to clean up at the Oscars that year. The Academy ended up being fairly cool toward it, giving it only three awards out of 12 nominations, but it did finally recognize Beatty for his balls if nothing else by giving him the Best Director Oscar.
It's a good film that holds up well, even if it can be a bit dry at times. Beatty (Oscar nominated) is compelling as Communist revolutionary John Reed, who worked tirelessly to bring a Socialist revolution to America, but he's outshone in the acting department by Diane Keaton (also Oscar nominated), who gets a chance to shed her Woody Allen persona and prove what a good dramatic actress she could be. I could have done with less of the domestic squabbling that drags down the middle part of the film, and found the parts detailing the couple's experiences in Russia to be the most engrossing. The movie has a whopper of a running time (3 and a half hours) but even at the slower parts I never felt especially impatient with its length.
Maureen Stapleton won an Oscar for her fiery performance as Emma Goldman, and Vittorio Storaro won his second Oscar for cinematography (bookended by his work on "Apocalypse Now" and "The Last Emperor"). The film's other nomination were for Best Picture, Best Actor (Beatty), Best Supporting Actor (Jack Nicholson, never especially convincing as playwright Eugene O'Neill), Best Original Screenplay, Best Art Direction, Best Costume Design, Best Film Editing, and Best Sound. Alas, no nomination for Stephen Sondheim who provided the original score.
Incidentally, "Reds" became the 13th and last film to win Oscar nominations in all four acting categories until David O. Russell added back to back films number 14 and 15 with "Silver Linings Playbook" and "American Hustle." He's the only director to achieve that feat two years in a row.
Grade: A
