The 21st Golden Raspberry Awards were held on March 24, 2001, at the Radisson-Huntley Hotel in Santa Monica, California, USA, to recognize the worst the movie industry had to offer in 2000.[1][2]
Science fiction film Battlefield Earth swept the awards, claiming victory in all seven categories in which it was nominated (from a total of eight nominations, with its double nomination in the Supporting Actor category). J.D. Shapiro later accepted his Worst Screenplay award in a radio program.[3][4] The record was then beaten by Jack and Jill (with the total of 12 nominations and 10 wins).
Following the 21st Golden Raspberry Awards on March 24, 2001, the film production and distribution company, Franchise Pictures, filed for Chapter 11 bankruptcy on August 18, 2004.
On August 18, 2004, the film production and distribution company, Franchise Pictures, was sued by its investors and filed for Chapter 11 bankruptcy after it emerged that it had fraudulently overstated the Battlefield Earth budget by $31million.[5]
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