No doubt anyone seeking to remake the film will want to seek the blessing of its original director, Steven Spielberg, who went on to become one of the most successful directors of all time. Here's a look at what's happened to Spielberg and the film's stars since the release of "Jaws."
Scheider appeared in two popular films of the early '70s, "Klute" and "The French Connection," and earned an Oscar nod for best supporting actor before landing the role as police chief Brody.
Scheider uttered one of the film's more famous lines, "You're gonna need a bigger boat," which he actually ad-libbed during the scene when Brody first comes face to face with the shark. The line was voted 35th on the American Film Institute's list of best movie quotes.
After "Jaws," Scheider dropped out of "The Deer Hunter" in which he'd been offered the role of Michael, which Robert De Niro later filled. Still obligated to Universal, Scheider reprised his role as Brody in "Jaws 2." The sequel did well at the box office but in no way compared to the original. Scheider also reportedly clashed with director Jeannot Szwarc.
In 1979, Scheider received his second Academy nomination, this time for best actor for his role as Bob Fosse in "All That Jazz." He continued to work through the '80s, '90s and 2000s, but never earned the same critical success as he did in his early years.
In 2004, Scheider was diagnosed with multiple myeloma. He died four years later at the age of 75 in a hospital in Little Rock, Ark.
Dreyfuss reportedly turned down the role of Hooper when it was first offered, but then, worried that "The Apprenticeship of Duddy Kravitz," in which he had his first starring role, would flop, he called back Spielberg and immediately accepted.
It was a fortuitous decision. Following "Jaws," Dreyfuss partnered with Spielberg again in "Close Encounters of the Third Kind." In 1978, he became the youngest actor to win the Academy Award for best actor for his portrayal of a struggling actor in "The Goodbye Girl."
But Dreyfuss did not handle success well. He became addicted to cocaine and in 1982 was arrested for possession after his car struck a tree. The actor entered rehab and in 1986 made his film comeback with "Down And Out In Beverly Hills."
Since then, Dreyfuss, now 62, has starred in comedies ("What About Bob?"), dramas ("Mr. Holland's Opus," for which he received another Oscar nod) and Apple computer commercials.
English actor Robert Shaw had a notable career before starring as Quint in "Jaws." He played a secret agent in the second James Bond film, a mobster in "The Sting" and the hijacker Mr. Blue in "The Taking of Pelham One Two Three."
But it's as shark hunter Quint that he may be best known. The film's producers reportedly suggested Shaw after working with him on "The Sting." Who can forget the scene where the boat begins to sink and Quint slides down the slippery deck into the shark's waiting mouth.
Shaw starred in several other films, including "The Deep," also based on a Benchley novel, and "Black Sunday," before his death in 1978. He suffered a fatal heart attack at the age of 51 while filming his last movie "Avalanche Express."