* ColbertBump: Guy-Manuel de Homem-Christo and Thomas Bangalter of Music/DaftPunk are ''huge'' fans, and even [[PromotedFanboy fulfilled a lifelong dream of theirs]] by collaborating with Paul Williams on the album ''Get Lucky'', thus raising public awareness of the film significantly and helping to introduce a new generation to it.
* CompleteMonster: [[BigBad Mister Swan]] is the [[CorruptCorporateExecutive CEO of Death Records]], owner of the Paradise Theatre, and secretly a vain, murderous devil-worshipper. Having attempted to kill himself in his youth due to fearing losing his good looks with age, Swan instead made a DealWithTheDevil for immortality and eternal youth, and over time became the most powerful and vicious executive in the music industry, performing such actions as [[CastingCouch forcing female candidates to sleep with him]] or his [[TheDragon right-hand man]]; deliberately getting his acts addicted to drugs to reduce the chances of them speaking out against him; and ending the careers of any who try anyway. When Swan steals the music of brilliant young composer Winslow Leach, he has Winslow brutalized and sent to prison on trumped up charges to silence him, where he and other inmates are subjected to unethical medical experiments sponsored by Swan. When Winslow escapes and begins terrorizing the Paradise as the eponymous Phantom, Swan tricks him into selling his own soul to the Devil on the condition that only Phoenix, Winslow's LoveInterest, can sing his music. When Phoenix becomes a hit, Swan proposes marriage to her, then attempts to have her killed during the wedding [[NoSuchThingAsBadPublicity for publicity]]. When this fails and Winslow terminates his deal with the Devil, Swan's last action before Winslow kills him is to attempt to personally strangle Phoenix to death.
* CultClassic: The film has developed this reputation.
* EarWorm: Practically every song. It's borderline ''VillainSong: TheMusical''.
* EnsembleDarkhorse: Many fans of the film find Beef the most fun character to watch.
* EvilIsSexy: Swan was a DracoInLeatherPants for many female fans upon the film's release.
* FunnyAneurysmMoment: Swan is a "boy genius" [[Music/PhilSpector record producer]] with a fierce ego and a willingness to kill. Probably seemed funnier before [[http://en.wikipedia.org/wiki/Phil_Spector#Murder_of_Lana_Clarkson Lana Clarkson's murder.]]
** [[WhatCouldHaveBeen Could've been]] even worse if they hadn't changed the name of the character from early scripts; Swan was initially meant to be called "Spectre". (Given that Spector's instability was well-established amongst the recording industry at that point, it was most likely intended as a TakeThat.)
* GermansLoveDavidHasselhoff: The movie has an intense fanbase in not only Paris, but also, surprisingly, in [[http://www.phantomoftheparadise.ca/why.html Winnipeg]], Manitoba, to the point that an annual "Phantompalooza" convention was created.
** Furthermore, it played for ''62 WEEKS STRAIGHT'' there when it first came out!
* HilariousInHindsight: Swan programming Winslow a new voice almost becomes funny in an era full of auto-tune and heavily processed vocals that sound synthetic.
* HollywoodToneDeaf : The female singers who audition are intentionally bad, to make Phoenix look better by contrast. By the third audition scene, when Swan is seeking his "new sound," they're all pretty good, just bland.
* MoralEventHorizon: Subverted. [[spoiler:Judging by the tape, Swan in 1953 seemed like a very narcissistic and egotistical hedonist but ultimately not a monster, and had been producing gold records (presumably not stolen ones) since age 14. At some point after his DealWithTheDevil, he obviously became the horrifying thief and abuser we see him as, though nothing in the deal itself said he had to. Alternatively he could've been that way all along, and we just didn't see it.]]
** He openly states to Philbin that he ''abhors'' perfection in anybody but himself; he was very vain to begin with, wanting to commit suicide because he didn't want to grow old and lose his good looks; when the devil asks him if eternal youth is worth his soul he replies "What soul?". Swan was a complete monster all along. He's not above using people to get what he wants, and everybody is a tool for him to use and abuse.
** For the first hour of the movie anything Winslow did was at least understandable. But when Phoenix's performance is about to start he murders the totally innocent stagehand operating the spotlight so he can man it-- and he murders Beef for no better reason than he was in the wrong place at the wrong time-- showing how far he has gone in his anger and obsession.
* NoYay : The love scene between Phoenix and Swan. He doesn't even take his glasses off! [[DrivenToSuicide Winslow seems to think so, too]].
* RetroactiveRecognition: For the ''Series/{{Whose Line|IsItAnyway}}?'' fans, there's Archie Hahn as one of The Juicy Fruits. In fact, it's a little strange watching him in this film, and actually sing really well, while on ''Whose Line?'', he... well.... didn't.
* SpecialEffectsFailure: The "unmasked" Winslow at the end looks like it's made out of Plasticine.
* TooCoolToLive: Beef!
* TheWoobie: Winslow, especially pre-Phantomization. He's impossible not to want to hug and be friends with. He soon becomes a WoobieDestroyerOfWorlds.
** "The Juicy Fruits"; they're treated pretty badly throughout the film.