- After this film's five credited producers received Oscars for the Best Picture, the Academy of Motion Picture Arts and Sciences changed the rules the following year. Beginning with the 1999 awards, a maximum of three credited producers can be nominated to receive Best Picture statuettes, even if more than three are credited on-screen. This restriction was loosened slightly beginning with the 80th (2007) awards, when the following was added to the rules covering the award for Best Picture: "The [Producers Branch Executive] committee has the right, in what it determines to be a rare and extraordinary circumstance, to name any additional qualified producer as a nominee."
- Kenneth Branagh, Daniel Day-Lewis, Jodie Foster, Julia Roberts, Meg Ryan and Winona Ryder, were all considered for the lead roles.
- Movie Goof (factual errors): According to Philip Henslowe's business ledger, kept from 1592-1603, he did not buy a play from William Shakespeare for his theater, The Rose, during those years. Henslowe built The Rose primarily for his company, The Admiral's Men, the chief rival of Shakespeare's company, The Chamberlain's Men. Thus, Henslowe was not Shakespeare's patron, as he states in the movie, in 1593. However, it is believed that "Henry VI, Part One" was first staged at The Rose between 1589 and 1590, and that Shakespeare had performed at The Rose in 1592 or 1593 as part of Lord Strange's Men.
- Movie Goof (anachronisms): When William Shakespeare and a musician are at a dancing event, the musician is holding a lute with fret markers on the fingerboard, but these were not used on instruments until the 1890s.
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