Astaire and Roger's short dance has historical significance, as it was their first screen dance together. Though billed fourth and fifth, many felt they stole the film, which became a big hit for RKO. The song was nominated for the Academy Award for Best Original Song at the 7th Academy Awards, but lost to an even bigger Astaire and Rogers production number, "The Continental" from "The Gay Divorcee" (1934), their next film together and their first starring vehicle. They were billed by RKO as "The King and Queen of 'The Carioca.'"