Claim: Ryan Phillippe starred in a film.

54 is a 1998 American drama film written and directed by Mark Christopher , about Studio 54 , a world-famous New York City discoteque , the main setting of the film . It stars Ryan Phillippe , Salma Hayek , Neve Campbell , and Mike Myers as Steve Rubell , the club 's co-founder . Prior to its release in 1998 , the film was extensively reshot and recut , and then released to poor critical acclaim but respectable box office . In 2008 , a bootleg version of the director 's cut was screened at Outfest , leading to interest for its release . In 2015 , Christopher and Miramax premiered a new edit of the film at the Berlin International Film Festival , with 45 minutes of original material restored and 30 minutes of studio re-shoots removed .