This film was originally intended to be made by Cannon in 1987 with Walter Matthau and Whoopi Goldberg set to star. The studio's financial troubles killed this version though it was announced at Cannes.
Judy Holliday won the Academy Award for Best Actress for her performance in the original Born Yesterday (1950). In contrast, Melanie Griffith, who plays Billie Dawn in this remake, was nominated for the Razzie Award for Worst Actress. She failed to win, however.