Following the In Memoriam montage, which remembered all those who recently passed away, the 70-year-old Grammy and Oscar winner took to the stage dressed in a black and gold gown and sang 'The Way We Were'.
"Marvin Hamlisch was a composer of extraordinary depth and versatility. He was also a very kind and generous friend who could always make me laugh," Streisand said.
"Over the years, we shared many adventures together. Marvin left us way too soon, but I'll always have those wonderful, wonderful memories."
Hamlisch, who died in August last year, also won a Grammy for 'The Way We Were' tune, and the soundtrack was a hit on the Billboard charts.
Streisand last sang the theme from "A Star is Born" at the 1977 Oscars, winning the best original song for "Evergreen" that same night.
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