"Paranoid Park" premiered on May 21, at the 2007 Cannes Film Festival and was given a limited release on March 7, 2008. It grossed over US$4,481,000 from its $3 million budget. The film received mostly positive reviews; some critics praised the direction and cinematography in particular, though others believed the film to be overly stylized and slow paced. It won one Independent Spirit Award, two Boston Society of Film Critics awards and the Cannes Film Festival's special 60th anniversary prize.