The movie was given a green light and released to a big success, turning into one of the cult films for the Soviet youth, along with the title song composed by Shpalikov as an improvisation during the shooting of the required episode. "Walking the Streets of Moscow" was officially selected for the 1964 Cannes Film Festival. The term «lyrical comedy» often used to describe Soviet films was coined by the authors during their fight with the Artistic Council who couldn't understand why the comedy didn't make them laugh.