 In 1987, Smith formed Applecross Productions and went on to co-produce Richard Marquand's "Hearts of Fire", starring Bob Dylan and Rupert Everett, followed by Michael Austen's "Killing Dad", starring Richard E. Grant, Denholm Elliott and Julie Walters.In 1991, he co-produced Roland Joffe's "City of Joy", starring Patrick Swayze and Pauline Collins, and in 1992, executive produced Ridley Scott's "", starring Gérard Depardieu and Sigourney Weaver.In 1994, Smith co-produced Stephen Frears's "Mary Reilly", starring Julia Roberts and John Malkovich for Tristar Pictures, followed by Luc Besson's "The Fifth Element" in 1996, which starred Bruce Willis and Gary Oldman and was produced by his company Zaltman Films Ltd for Gaumont.