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Factual errors
Bela Lugosi never filmed any footage with the octopus prop for Bride of the Monster (1955). The octopus battle scene (except close-ups) was filmed with stunt doubles.
In a screening room, Ed calls back to the projectionist to show the footage again. At which point, the projector (the same projector) immediately restarts although the film has not been rewound and rethreaded.
When Ed visits Bela Lugosi's home, the sidewalk outside his house appears and disappears depending on whether the camera is aimed at the exterior of the house or is depicting Lugosi's view from the front door, indicating two different houses were used for the scene.
Dolores's hairdo changes between the time of her fit at the party and the time she's outside and Ed is running after her.
Orson Welles's hand holding his cigar constantly changes.
Lugosi's two dogs disappear and reappear in his lap while he and Ed are watching White Zombie (1954).
There were more people at Bela Lugosi's funeral than the few seen in the movie. In fact, both Vincent Price and Peter Lorre were in attendance.
Ed Wood is depicted as the first to approach the Swedish Angel about appearing in movies. In fact, Tor Johnson had been appearing in films since the 1930s.
During the premiere of Plan 9 from Outer Space (1957), Tor's son (named Karl in a deleted scene) appears to be a preteen. In fact, Karl Johnson was Edward D. Wood Jr.'s age. As a police officer, Karl supplied the uniforms and police car used in Plan 9 from Outer Space (1957), and played a farmer in it.
Welles complains that Universal Pictures wanted him to make a film with Charlton Heston cast as a Mexican, i.e., Touch of Evil (1958). In reality, Orson Welles was first approached by Universal to act in the film. Heston was the one who insisted that Welles be allowed to direct it, too. The film was based on a novel, Badge of Evil, in which Heston's character was an American. Since Welles also wrote the screenplay, casting Heston as a Mexican was Welles's idea.
There is no record of Edward D. Wood Jr. and Orson Welles ever having met. But it is not beyond the realm of possibility for a chance barroom encounter to have happened when history was not looking. Also, the movie leaves open the possibility that this scene is only Ed Wood's daydream about meeting his idol.
The shot of the audience at the TV show on which Lugosi appears is reused as the Plan 9 from Outer Space (1957) premiere audience near the end of the film. This may be a sly in-joke about the inept use of stock footage in many of Edward D. Wood Jr.'s films.
When Ed and Kathy emerge from the theatre after the showing of Plan 9 from Outer Space (1957), their convertible has been sitting with the top down in pouring rain. Ed opens the passenger door and water pours out of the car, yet when he opens the driver's door seconds later, no water drains from it; that's because the level of the water fell to below the underside of the doors when he opened the first one.
When Ed Wood is trying to get funding for Glen or Glenda (1953) in 1952, George Weiss mentions his film Chained Girls (1965), a 1960s movie.
Ed and Bela are watching a 1958-1960 Philco Predicta television, made at least four years later. It then changes to a mid-50s Packard-Bell television.
In Weiss' office, an American flag has 50 stars. Alaska and Hawaii did not become states until 1959.
"Que, Sera, Sera" is played at the wrap party (and has another appearance in a deleted scene); that song did not come out until 1956.
When Ed takes Lugosi home after first meeting him in 1952, Bela disdainfully says that modern horror movies only show big bugs, giant spiders, giant grasshoppers, and the like. Giant bug films (e.g. Them! (1954)) did not come around until 1954.
In 1956, Orson Welles was very fat and had a chubby face with gray hair, but the film depicts the slimmer, youthful Welles of 1941. (The movie leaves open the possibility that this scene is only Ed Wood's daydream about meeting his idol.)
Bela says he hasn't "worked in four years" when in fact Bela Lugosi had made two films, Vampire Over London (1952) and Bela Lugosi Meets a Brooklyn Gorilla (1952).
When being told that nobody can do many jobs at once in the film business like director, actor, writer and producer, Ed Wood replies that two people do: Orson Welles and himself. In fact, there were already plenty of other such multitaskers at the time, including Charles Chaplin who was a director, actor, writer, producer and even editor and composer for his movies.
While comparing himself to Orson Welles, Ed says he's already 30. This scene takes place in 1952, when Edward D. Wood Jr. was 28.