Washington DC, Jan. 2 -- Actor Gwyneth Paltrow has opened up about the controversy surrounding 'Shakespeare in Love' winning Best Picture over 'Saving Private Ryan' at the 71st Academy Awards, a decision that remains one of the most debated moments in Oscar history, according to People.

Speaking on The Awardist podcast, Paltrow, 53, reflected on the 1998-1999 awards season, which saw her win the Oscar for Best Actress for Shakespeare in Love. The film also claimed the Best Picture award, defeating Steven Spielberg's Saving Private Ryan. Spielberg is also Paltrow's godfather.

When asked whether she had ever discussed the outcome with Spielberg, Paltrow said, "Well, it was so funny because Steven won for director and I won Best Actress. A...