Castle Rock, the studio that produced the film, wanted a big name to star in the "Alice" role. They put in a call to Winona Ryder's agent with a firm offer. In the meantime, Chloe Sevigny read for the part and was perfect for the role, according to Whit Stillman. They were able to get out of the offer to Ryder because her agent took four days to return the call.
This film was released in the same year as another disco movie, 54 (1998). Production of this film was accelerated in order to get it out before 54 (1998) which it beat to theaters by about three months.
This film was conceived by writer-director Whit Stillman after filming the disco scenes in Barcelona (1994). The picture is loosely based on Stillman's personal experiences in various Manhattan discos including Studio 54.
Third feature film of director Whit Stillman. Metropolitan (1990) and Barcelona (1994) were the earlier works. This movie is the third film in director Whit Stillman's "Doomed-Bourgeois-in-Love series", these other two pictures being the other films in the series. This film includes a number of cameo appearances from characters that appeared in the two earlier movies.