Jaws drop: Watch Steven Spielberg's disappointment over 1976 Oscar nominations

Video footage of a young Steven Spielberg is currently doing the rounds, showing his disappointment at not being nominated as Best Director for the popular movie Jaws.

We see him gathered with his friends, watching the 1976 Oscar nominations on TV.  While at the beginning of the video, Spielberg is very confident of the movie sweeping the Oscar nominations, it seems this was not to be.

You can see his reaction on getting the news that Jaws, despite dominating the box office that year, didn't do so well. With huge disappointment he exclaims, “I got beaten out by Fellini!”

Enjoy the video below.

Image: Screengrab from YouTube video