See also: 1985 in film, other events of 1986, 1987 in film, list of 'years in film'.
Events
- April 12 - Actor Morgan Mason marries The Go-Go's Belinda Carlisle
- Actor Arnold Schwarzenegger marries television journalist Maria Shriver.
- Turner Broadcasting begins to colorize black and white movie classics.
- Jason Marsden's film career begins
Top Grossing Films of the Year
- Top Gun, starring Tom Cruise
- Crocodile Dundee
- Platoon
- The Karate Kid, Part II
- Star Trek IV: The Voyage Home
- Back to School
- Aliens, starring Sigourney Weaver
- The Golden Child, starring Eddie Murphy
- Ruthless People, starring Bette Midler and Danny DeVito
- Ferris Bueller's Day Off, starring Matthew Broderick
Births
Deaths
- March 10 - Ray Milland, British actor
- November 29 - Cary Grant, actor
- December 28 - Andrei Tarkovsky, Russian movie director
- Benny Goodman, musician, actor
Other Movies Released
- Blue Velvet
- Children of a Lesser God
- Crossroads, starring Ralph Macchio
- Hannah and Her Sisters
- Labyrinth, starring David Bowie and Jennifer Connelly
- Le Déclin de l'empire américain, (The Decline of the American Empire), written and directed by Denys Arcand