Although the "New Wave" withered for a variety of reasons, its spirit was maintained, and reached its peak in the winner of the 1989 Venice Film Festival Award: City of Sadness, a film depicting the February 28 incident.
「新電影」雖因諸多原因早已式微，但它的精神一直持續著，終於在描述「二二八事件」而榮獲一九八九年威尼斯影展金獅獎的「悲情城市」中達到巔峰。