Liquid Sky is a 1982 independent American science fiction film directed by Slava Tsukerman and starring Anne Carlisle and Paula E. Sheppard. It debuted at the Montreal Film festival in August 1982 and was well received at several film festivals thereafter. It was produced with a budget of $500,000. It became the most successful independent film of 1983, grossing $1.7 million in the first several months of release.
The film is seen as heavily influencing a club scene that emerged in the early 2000s in Brooklyn, Berlin, Paris, and London called electroclash.
A New Wave fashion show is to be held in a crowded Manhattan nightclub. Among the models are bisexual, cocaine-addicted Margaret and Jimmy. Jimmy is Margaret's rival and nemesis and also loves cocaine, constantly hassling Margaret's drug-dealer girlfriend Adrian for drugs despite not having any money to pay for them.