Steve and Brandon said they're going to a new Sylvester Stallone movie. This was early in 1993 so it was most likely Cliffhanger, one of his last big hits. Demolition Man came out that same year, but much later.
Because of copyright laws, the song Dylan plays over and over at The Peach Pit, which was originally The Lovin' Spoonful's Did You Ever Have to Make Up Your Mind?, relating to his decision between Brenda and Kelly, was changed on streaming and DVDs to something irrelevant and innocuous and without a chorus that can even be heard, proving that sometimes paying musical artists can go a long way for a story to make sense.