Weighted list (20 votes minimum)

1. L'Atalante (1934) .. Jean Vigo
2. The Spirit of the Beehive (1973) .. Victor Erice
3. Au Hasard Balthazar (1966) .. Robert Bresson
4. Tokyo Story (1953) .. Yasujiro Ozu
5. Man with a Movie Camera (1929) .. Dziga Vertov
6. La Règle du Jeu (1939) .. Jean Renoir
7. Playtime (1967) .. Jacques Tati
8. L'Avventura (1960) .. Michelangelo Antonioni
9. Sunrise (1927) .. F.W. Murnau
10. The Conformist (1970) .. Bernardo Bertolucci
11. The Passion of Joan of Arc (1928) .. Carl Theodor Dreyer
12. Persona (1966) .. Ingmar Bergman
13. Nashville (1975) .. Robert Altman
14. La Grande Illusion (1937) .. Jean Renoir
15. Andrei Rublev (1966) .. Andrei Tarkovsky
16. Days of Heaven (1978) .. Terrence Malick
17. Ikiru (1952) .. Akira Kurosawa
18. The General (1927) .. Clyde Bruckman & Buster Keaton
19. The Night of the Hunter (1955) .. Charles Laughton
20. The Searchers (1956) .. John Ford
21. 8½ (1963) .. Federico Fellini
22. City Lights (1931) .. Charles Chaplin
23. Bicycle Thieves (1948) .. Vittorio De Sica
24. Battleship Potemkin (1925) .. Sergei M. Eisenstein
25. The Four Hundred Blows (1959) .. Franτois Truffaut
26. Stalker (1979) .. Andrei Tarkovsky
27. À Bout de Souffle (1960) .. Jean-Luc Godard
28. Wild Strawberries (1957) .. Ingmar Bergman
29. Duck Soup (1933) .. Leo McCarey
30. The Third Man (1949) .. Carol Reed
31. La Dolce Vita (1960) .. Federico Fellini
32. Touch of Evil (1958) .. Orson Welles
33. Do the Right Thing (1989) .. Spike Lee
34. M (1931) .. Fritz Lang
35. Vertigo (1958) .. Alfred Hitchcock
36. In the Mood for Love (2000) .. Wong Kar Wai
37. Singin' in the Rain (1952) .. Stanley Donen & Gene Kelly
38. All About Eve (1950) .. Joseph L. Mankiewicz
39. Double Indemnity (1944) .. Billy Wilder
40. Sunset Boulevard (1950) .. Billy Wilder
41. The Apartment (1960) .. Billy Wilder
42. The Conversation (1974) .. Francis Ford Coppola
43. Rashomon (1950) .. Akira Kurosawa
44. The Seventh Seal (1957) .. Ingmar Bergman
45. Manhattan (1979) .. Woody Allen
46. Modern Times (1936) .. Charles Chaplin
47. Barry Lyndon (1975) .. Stanley Kubrick
48. Chinatown (1974) .. Roman Polanski
49. Citizen Kane (1941) .. Orson Welles
50. Annie Hall (1977) .. Woody Allen