A reflective polarizer contains: (a) a light-entrance medium having a light-entrance surface and a microstructured surface with a series of prismatic structures, wherein first and second sidewalls of each prismatic structure have an inclination angle of more than 53 degrees with respect to the light-entrance surface; (b) a polarization-selective thin film optical coating on the series of prismatic structures, for transmitting a first polarization of light and reflecting a second polarization; and (c) a light-exit medium on the polarization-selective thin film optical coating that provides a smooth light-exit surface.