Editing Michael Douglas (section)

===1980–2000: Success in Hollywood===
[[File:Michael Douglas - Streets.JPG|thumb|Douglas in ''[[The Streets of San Francisco]]'', {{Circa|1975}}]]
Douglas' acting career was propelled to fame when he produced and starred in the 1984 romantic adventure comedy ''[[Romancing the Stone]]''. It also reintroduced Douglas as a capable leading man, giving director [[Robert Zemeckis]] his first box-office success. The film also starred [[Danny DeVito]], a friend of Douglas' with who he had shared an apartment in the 1960s.<ref>[https://web.archive.org/web/20120609052707/http://articles.nydailynews.com/2008-10-30/gossip/17907312_1_danny-devito-magical-time-michael-douglas NY Daily News] Michael Douglas, Danny DeVito remember old times at film awards</ref> It was followed a year later by a sequel, ''[[The Jewel of the Nile]]'', which he also produced. Bigstick Productions was then partnered with Mercury Entertainment, a company backed by producer [[Michael Phillips (producer)|Michael Phillips]] in 1986 to produce independently financed features.<ref>{{Cite news|date=1986-06-11|title=Mercury, Douglas Team|page=6|work=[[Variety (magazine)|Variety]]}}</ref> In the 1980s, Douglas formed a new film production company, The Stone Group (later renamed Stonebridge Entertainment) with partner Rick Bieber.<ref>{{Cite web|title=The York Dispatch from York, Pennsylvania on October 27, 1988 · 35|url=http://www.newspapers.com/newspage/614068764/|access-date=2021-06-20|website=Newspapers.com|date=October 27, 1988 |language=en}}</ref><ref>{{Cite web|date=1992-04-08|title=Fox Broadcasting, the Fox studio's television network,...|url=https://www.latimes.com/archives/la-xpm-1992-04-08-fi-477-story.html|access-date=2021-06-20|website=Los Angeles Times|language=en-US}}</ref>

In 1987, Douglas starred in the thriller ''[[Fatal Attraction]]'' with [[Glenn Close]]. That same year he played tycoon [[Gordon Gekko]] in [[Oliver Stone]]'s ''[[Wall Street (1987 film)|Wall Street]]'' for which he received an Academy Award as Best Actor. He reprised his role as Gekko in the sequel ''[[Wall Street: Money Never Sleeps]]'' in 2010, also directed by Stone.<ref>{{cite magazine|url=http://movies.tvguide.com/Movie-News/Michael-Douglas-Wall-1005553.aspx |archive-url=https://web.archive.org/web/20090502211930/http://movies.tvguide.com/Movie-News/Michael-Douglas-Wall-1005553.aspx |url-status=dead |archive-date=May 2, 2009 |title=Michael Douglas to Star in Wall Street 2 |magazine=TV Guide |access-date=April 29, 2009 }}</ref>

Douglas starred in the 1989 film ''[[The War of the Roses (film)|The War of the Roses]]'', which also starred [[Kathleen Turner]] and [[Danny DeVito]].<ref>{{cite web|title=''THE WAR OF THE ROSES'' (15)|url=https://bbfc.co.uk/releases/war-roses-1970-3|archive-url=https://web.archive.org/web/20150113014147/http://www.bbfc.co.uk/releases/war-roses-1970-3|url-status=dead|archive-date=January 13, 2015|work=[[British Board of Film Classification]]|date=January 4, 1990|access-date=May 31, 2013}}</ref> In 1989 he starred in [[Ridley Scott]]'s international police crime drama ''[[Black Rain (1989 American film)|Black Rain]]'' opposite [[Andy García]] and [[Kate Capshaw]]; the film was shot in [[Osaka]], Japan.

In 1992, Douglas founded the short-lived [[Atlantic Records]] distributed label Third Stone Records.<ref>{{cite web|last1=Texeira|first1=Erin|title=Rapper, 2 Others Are Found Slain|url=https://www.latimes.com/archives/la-xpm-1996-01-27-me-29279-story.html|website=Los Angeles Times|date=January 27, 1996 |access-date=February 12, 2017}}</ref> He founded the label with record producer [[Richard Rudolph]], who became the company's president and CEO.<ref>{{Cite web|url=https://books.google.com/books?id=2REEAAAAMBAJ&dq=michael+douglas+third+stone+records&pg=PA12|title=Billboard|author=<!--Staff writer(s); no by-line.--> |date=October 24, 1992|publisher=Nielsen Business Media, Inc.|accessdate=July 10, 2024|via=Google Books}}</ref> Among the acts signed to Third Stone were [[Saigon Kick]] and [[Nona Gaye]].<ref>{{cite magazine |title=Nona Gaye – She's Overjoyed |magazine=Billboard |publisher=Howard Lander |publication-date=24 October 1992 |volume=104 |issue=43 |page=12 |issn=0006-2510 }}</ref>

That same year, Douglas had another successful starring role when he appeared alongside [[Sharon Stone]] in the film ''[[Basic Instinct]]''. The movie was a box office hit and sparked controversy over its depictions of [[bisexuality]] and [[lesbian]]ism. In March 1994, Douglas announced that he had formed a new film production company, Douglas/Reuther Productions, in partnership with [[Steven Reuther]].<ref>{{Cite web|title=Los Angeles Times from Los Angeles, California on March 25, 1994 · Page 52|url=http://www.newspapers.com/newspage/158612268/|access-date=2021-06-20|website=Newspapers.com|date=March 25, 1994 |language=en}}</ref> In 1994 Douglas and [[Demi Moore]] starred in the hit movie ''[[Disclosure (1994 film)|Disclosure]]'' focusing on the topic of [[sexual harassment]] with Douglas playing a man harassed by his new female boss. Other popular films he starred in during the decade were ''[[Falling Down]]'', ''[[The American President]]'', ''[[The Ghost and the Darkness]]'', ''[[The Game (1997 film)|The Game]]'' (directed by [[David Fincher]]), and a remake of [[Alfred Hitchcock]]'s classic – ''[[Dial M for Murder]]'' – titled ''[[A Perfect Murder]]''. In 1998 Douglas received the [[Crystal Globe (Karlovy Vary International Film Festival)|Crystal Globe]] award for outstanding artistic contribution to world cinema at the [[Karlovy Vary International Film Festival]].<ref>{{cite web|title=33rd Karlovy Vary IFF Awards |access-date=September 25, 2006 |url=http://www.iffkv.cz/?m=32&sub=2&year=1998 |url-status=dead |archive-url=https://web.archive.org/web/20060903193107/http://www.iffkv.cz/?m=32 |archive-date=September 3, 2006 }}</ref> On November 19, 1997, Douglas formed his fourth film production company, [[Furthur Films]].<ref>{{Cite web|title=FURTHUR FILMS, INC. :: New York (US) :: OpenCorporates|url=https://opencorporates.com/companies/us_ny/2200458|access-date=2021-06-20|website=opencorporates.com}}</ref><ref>{{Cite web|title=The Atlanta Constitution from Atlanta, Georgia on May 10, 1999 · 20|url=http://www.newspapers.com/newspage/403252621/|access-date=2021-06-20|website=Newspapers.com|date=May 10, 1999 |language=en}}</ref>

In 2000, Douglas starred in [[Steven Soderbergh]]'s critically acclaimed film ''[[Traffic (2000 film)|Traffic]]'', opposite [[Benicio del Toro]] and future wife, [[Catherine Zeta-Jones]]. Douglas and the cast of ''Traffic'' were awarded a [[Screen Actors Guild Award]] for Outstanding Performance by a Cast in a Motion Picture.<ref>{{cite web|last1=Davis|first1=Clayton|last2=Buckner|first2=Michael|title=Every SAG Cast Ensemble Film Winner (Since 1994)|url=https://variety.com/lists/every-sag-awards-cast-ensemble-film-winner/|website=Variety|date=April 5, 2023 }}</ref> That same year he also received critical acclaim for his role in ''[[Wonder Boys (film)|Wonder Boys]]'', as a professor and novelist suffering from [[writer's block]]. He was nominated for a [[Golden Globe Award for Best Actor – Motion Picture Drama|Golden Globe Award for Best Actor in a Drama]] and the [[BAFTA Award for Best Actor in a Leading Role]].