Duration: 28:14

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The opening of the 46th Academy Awards in 1974, featuring a performance by Liza Minnelli, an introduction by Academy President Walter Mirisch, welcoming remarks from host Burt Reynolds, and appearances by Paul Newman, Joanne Woodward, Diana Ross, Vincent Gardenia, Angie Dickinson, Burt Bacharach, Jack Lemmon, Paul and Linda McCartney, Walter Matthau, Charles Bronson, Jill Ireland, Raquel Welch, Groucho Marx, Dinah Shore, Joel Gray, Peter Falk, William Friedkin, Sherry Lansing, Marcel Marceau, Timothy Bottoms, Victoria Principal and Pam Grier. Billy Dee Williams and Linda Blair present the Oscar® for Animated Short Subject to Frank Mouris for "Frank Film" and for Live Action Short Subject to Allan Miller and William Fertik for "The Bolero."