Year: 1997, at the 69th Academy Awards
What beat it: "The English Patient"
Masterfully made by the Coen Brothers with the help of legendary cinematographer Roger Deakins, "Fargo" is hilarious and violent story about people in the midwest, who are often not represented in film or television. The film is so iconic that it inspired FX's anthology series based on its world. "The English Patient,"which is about a dramatic love affair, has not been made into an anthology series.