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An April 1957 Hollywood Reporter news item reported that Charles Schnee was set to produce Party Girl. July 1957 news items indicated that Robert Wise was to direct the film, but the production start date was postponed because Schnee was experiencing casting difficulties. Schnee noted that his plan to cast actors from the New York stage was stymied because of salary disputes. In January 1958 Joe Pasternak was announced as the film's new producer. An Hollywood Reporter news item adds Sammy Shack to the cast, but his participation in the final film has not been confirmed.
Party Girl was the last film that Robert Taylor made at the Metro-Goldwyn-Mayer Culver City lot. Taylor, who started with M-G-M in 1934, made one more film under his twenty-five year contract, the 1959 release The House of the Seven Hawks, which was filmed at the M-G-M British studios. Tony Martin, who sang the title song over the opening credits, was Cyd Charisse's husband. Party Girl marked the final appearance of Charisse in an M-G-M production, after fourteen years with the studio. Although Party Girl received little attention when it was released, many modern critics have praised the film and Nicholas Ray's direction highly, calling it a film noir classic.