The two very popular actresses in 1969 who tied for the Oscar for Best Actress were Katharine Hepburn, "The Lion in Winter" (1968) and Barbra Streisand, "Funny Girl" (1968). The 41st annual Academy Awards Ceremony was televised live to a viewing audience in 37 nations. For the first time from the Dorothy Chandler Pavilion (the Los Angeles Music Center), a tie for an Oscar in a major acting category had occurred. The last time that this had happened was more than three decades ago.

It was the 11th Oscar nomination for Hepburn, who had won Best Actress the previous year for "Guess Who’s Coming to Dinner" (1967). She was a no-show at this Oscars ceremony; she told the press, "I did not think I would win". An emotional Streisand stole the moment. Upon accepting her golden Oscar, Streisand cooed “Hello, gorgeous” (her opening line in "Funny Girl"). She looked and acted very overwhelmed.

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