The 18th Golden Raspberry Awards were held on March 22, 1998, at the Hollywood Roosevelt Hotel to recognize the worst the movie industry had to offer in 1997. This year, the film with the most nominations was Batman & Robin with 11, followed by Speed 2: Cruise Control with eight nominations, Anaconda with six nominations, The Postman with five nominations and Fire Down Below with four nominations. The film winning the most awards was The Postman, with all five categories for which it was nominated.^[1][2][3]

Brian Helgeland, co-screenwriter of the Razzie-winning The Postman, also received the Academy Award for Best Adapted Screenplay for L.A. Confidential in 1998. Helgeland became the second person, after composer Alan Menken in 1993, to receive a Razzie and Oscar in the same year, a feat not repeated until actress Sandra Bullock in 2010.

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  Kevin Costner, Worst Picture, Worst Director and Worst Actor winner.
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  Demi Moore, Worst Actress winner.
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  Dennis Rodman, Worst Supporting Actor and Worst New Star winner, Worst Screen Couple co-winner.
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  Alicia Silverstone, Worst Supporting Actress winner.
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  Jean-Claude Van Damme, Worst Screen Couple co-winner.
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  Brian Helgeland, Worst Screenplay co-winner.

These films received multiple nominations:

• 1997 in film
• 70th Academy Awards
• 55th Golden Globe Awards
• 4th Screen Actors Guild Awards
• 51st British Academy Film Awards