The second movie producer collaboration of producer partners Don Simpson and Jerry Bruckheimer. The movie was one of two 1984 releases the two produced together in that year. The other, their third collaboration, was Beverly Hills Cop (1984). Their first had been Flashdance (1983).
Writer-director Douglas Day Stewart had previously written the Academy Award nominated screenplay for An Officer and a Gentleman (1982) for the Paramount Pictures studio which also produced this movie.
Thief of Hearts (1984) is the first of only two cinema films directed by Douglas Day Stewart. The other movie is Listen to Me (1989).