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Acadamy of Motion Pictures Arts and Sciences
Oscars awarded in 1981

Winners denoted by

Best Picture

On Golden Pond
Raiders of the Lost Ark
Chariots of Fire
Atlantic City

Best Director

Warren Beatty for Reds
Mark Rydell in On Golden Pond
Steven Spielberg for Raiders of the Lost Ark
Hugh Hudson in Chariots of Fire
Louis Malle for Atlantic City

Best Actor

Warren Beatty in Reds
Paul Newman in Absence of Malice
Henry Fonda in On Golden Pond
Dudley Moore in Arthur
Burt Lancaster in Atlantic City

Best Actress

Diane Keaton in Reds
Katharine Hepburn in On Golden Pond
Meryl Streep in The French Lieutenant's Woman
Marsha Mason in Only When I Laugh
Susan Sarandon in Atlantic City

Best Supporting Actor

Jack Nicholson in Reds
John Gielgud in Arthur
Howard E. Rollins, Jr. in Ragtime
James Coco in Only When I Laugh
Ian Holm in Chariots of Fire

Best Supporting Actress

Maureen Stapleton in Reds
Melinda Dillon in Absence of Malice
Jane Fonda in On Golden Pond
Elizabeth McGovern in Ragtime
Joan Hackett in Only When I Laugh