Jack Nicholson wearing sunglasses is a timeless mood

Him speaking on a podium with people applauding, the internationale in the background and Miss Keeton smiling at him from among the crowds is something we've seen before!

RIP Walter Matthau (October 1, 1920 - July 1, 2000), aged 79 RIP Jack Lemmon (February 8, 1925 - June 27, 2001), aged 76 RIP Johnny Carson (October 23, 1925 - January 23, 2005), aged 79 You will be remembered as legends.

This is classic!!!! Man Lemmon and Matthau. doesn't get any better than this!!!

The man was handsome, smart and not afraid to speak his mind.

"Reds" is one of the most powerful movies I've ever seen. Beatty is really a genius and should have won also Best Picture and Best Original Screenplay, at least.

Hands-down the best introduction for an Oscar ever. Thank you, the Odd Couple. ^_^

_"We have ALL of these directors here tonight!"_ 😆 Now THAT, present day film industry, is how you present an Oscar. 👌🏻

Happy 80th Birthday Warren Beatty. Hopefully this and not the 2017 ceremony will be the Oscar moment you are more associated with in the history books.

“I know I do one thing well I get good people.” Wow, what a lovely sentiment.

Gotta love Beatty's hair.😘😘❤❤

Jack and Walter were great together!!!! I just love it when they presented together!!!!! RIP Jack and Walter!!!!!

Probably the only time that a variation of The International will play at the Oscars.

I can't believe Warren is 10 years older than Spielberg! look how young he looked that night!

Easily one of the best Oscar acceptance speeches, short, witty, and elegant. He should have won Best Pticture that year as well. Reds was truly a landmark film, still vastly under appreciated today. I also like the look on Diane Keaton, so genuine. Too bad their romance did not last, they were a great pair.

Haha! To hear The Internationale played at the Oscar's is surreal!

I remember that night. I worked backstage at the awards and I rode the elevator with Warren Beatty and Diane Keaton.

Such a treat to see Matthau and Lemon together. So brilliant.

I will never forget this night ! I have been rooting for Warren ever since his 1st nomination for '"Bonnie & Clyde "as Actor & Producer as well in 1967. Through the years hoping & praying I would see him win . The moment he won I screamed at the top of my lungs .My Mother saying "Thank God "& my Dad calling from Miami to tell me how happy he was for me, & how impressed he was with his acceptance speech. Let me also say Jack & Walter had never been more hilarious. This brings back so many cherished memories.

Warren Beatty insists on going back to his seat after winning. Epic! No one would dare to do so today.

Man, you can tell Keaton adored Warren.

So many years later now, in 2018, I find that the actor who has made the greatest contribution to the improvement for humanity is Warren Beattie,

He always was a charmer,so cute and a little shy.

Look how young everybody was. Crazy. I wasn't even born until 9 years later but still. Classic.

One of few years where all of the best picture and director nominees matched.

what a handsome man...

Duvall is one of those actors who, if I'm flicking through the channels on the tv and see him, whatever it is, whether ive seen or not, i watch it.

Always wish he won an award for acting, but this isn't half bad :)

What a great year - I would have been happy with any of those directors winning.

Just watched a screening of REDS at the Museum of Moving Image. Well-deserved, and should've won for Best Picture as well!

Brilliant piece of comedy from these great actors

Epic presenters! And a classy speech by Mr. Beatty! Well deserved award.

Beatty winning over Spielberg, I like that!

Damn he was gorgeous. Lucky Diane.

Jack & Walter ...classic duo 👱‍♂️👨

Reds is a movie I must see at least once every five years. A great epic of an interesting period in time.

The list of best directors that year! Each one fabulous and worth of winning. Compare to now!

Man, the nominees read like a who's who of directors! What a star studded field!

The orchestra plays "The Internationale". How cool is THAT??

THANKS FOR THE UPLOAD! hope Warren's Thalberg award speech is on the queue! again thanks for the upload! :)

I do love these two guys. :-) Uncle Jack and Uncle Walter. Miss you heaps. xxxx

Good speech

Lemmon and Matthau.......two of the giants of entertainment.......thank you both.

LMAO at Mr. Lemmon and Matthau!!!!!!!!!!!!!!!!!!!!!!!!! Geniuses who have died!!!! R.I.P!!!!!!!!!!! ;(;(;(;(;(;(

Greatest film ever made. Reds. Nothing comes close.

Diane Keaton looks so in love with him at the end!

Two legend's.....

this man was dreamy and smart and talented... hecko heck.

Jack and Walter were so dryly hysterical.

Young Steven!!

I think it should of won best picture aswell

Talent and class.

I love these two :)

What a speech!

Beattie was an intellectual.

D un point de vue de mise en scène, Reds est une œuvre incroyable de justesse et de précision historique... C est très bien écrit et mis en scene💪👌👌👍

He’d never say those things about freedom of expression in 2021!

Brian De Palma should have been among the nominees that year, had the Academy had any balls

Live and respect him

This was a ballsy ass win considering the subject topic. Especially for the time.

People before I born was so classy❤️

God bless jack and walter.sadly missed x

Diane Keaton has had a wonderful life… Warren Beatty is beautiful

All those outstanding films nominated that year. It's fun to be reminded of the wealth of top of the heap films that used to be produced. Doesn't happen anymore.

Amo a éste par🥰🥰🥰🥰

I still can't believe they didn't give it to Scorsese for what I think it's his BEST film!

*... "We have all of these directors with us tonight."* Sublime! 🤣👌🏼🤣👌🏼🤣👌🏼🤣👌🏼🤣 FYI: Warren Beatty's Oscar was so wrmm deserved... Such a hilarious, talented, intelligent, attractive man! Still hasn't lost his charme. 😁

'Reds' is not a perfect movie, but it is an extremely ambitious movie in American movie history. This was Warren Beatty's only Oscar (he missed out for Bonnie and Clyde in 1967, which he acted in and produced, but didn't direct). Spielberg would later win Oscars for 'Schindler's List' and 'Saving Private Ryan'. Thanks so much for posting this clip, I've been looking for it for years! :)

the amazing thing is... those were cold war times

Warren Beatty must have been a huge Annie Hall fan. Dating Diane Keaton and nerdy Woody Allen glasses.

Well prepared speech.

Hey Mr Wilson!!!

Reds is a Supreme epic of a film.

Y'all were saying Beatty deserved this, as though Raiders of the Lost Ark isn't one of the greatest films of all time.

Grand moment, l Internationale jouee aux Oscars😁😆

ya, she once said Beatty was one of her faves-- as she put it, "Warren was gorgeous."

I have a gut feeling that Warren saw some action with Diane in the after-hours party they attended that night.

@diny989 Scorsese was nominated the previous year. This is the 1981 Oscar, not the 1980 one.

Not to mention Spielberg got another one in 1998 for Saving Private Ryan, another win that was well deserved.

Why do I remember that speech being longer and being interrupted just at that point?

Es uno de los Directores favoritos y muy buen Actor. Reds es una de las mejores películas que he visto, muy potente e inteligentemente escrita y dirigida.

Warren Beatty is great as actor, director, writter and producer. Legend is a small word for all he is. "Reds" is one of best movies made in all times. A real masterpiece! The Academy made one of its biggest mistakes when Reds didn´t win Best Picture - and more 3 or 4 awards. Only Beatty, Stapletoon and Storaros´s cinematography? It´s a real shame!

Louis Malle for Atlantic city or Warren Beatty FOR Reds...hmm.That must have been the most difficult decision ever taken.

Wait a second, he was supposed to head backstage with the presenters of the award, not back to his seat, lol

Reds, très grand film, très grand sujet qui n a pas vieilli... Tres grands acteurs, reconstitution historique de haut niveau...film produit essentiellement par un grand studio américain sur le communisme et le socialisme americain des années 1910 à 1920. 🤣😆😜

Walter just described some directors I hate: 0:59 Roman Polanski 1:05 Nick Cassavetes 1:16 Harmony Korine 1:25 Sam Levinson

RIP Mark Rydell and Louis Malle.

WELL DESERVED AND IT'S NOT EVEN CLOSE. GREATEST MOVIE I EVER SAW

this was when the oscar shows were great...

Das waren auch zwei coole Socken.

He made a good point his speech Its a great movie and a even better lie But he made a point in his speech

I TOTALLY AGREE WITH YOU, @Tigerlily21

Great

Spielberg deserved it but Reds is nearly as great as Raiders, they both had obstacles to overcome with the voters (Raiders being a genre film and Reds' content), Spielberg deservedly won twice later, I can see why Beatty won (Oscar loves rewarding actors who multitask) and he gave a fantastic speech.

Great speech.

So hilarious 🤣

conoces un link para verla en castellano?

what's the name of the song while jack lemmon and walter matthau are appearing? It was at the end of a tv movie, but I do non remember which one maybe colombo?

An American recognition.

I wish Spielberg had won this for best director, and then Warren won Best Picture for Reds.