A family spokesperson has revealed that the writer of music for stage and screen has passed away after a short illness, according to The AP.
He worked on films including The Way We Were, The Sting, Woody Allen's Bananas and Take The Money And Run, Same Time Next Year, Save The Tiger, Sophie's Choice and The Spy Who Loved Me.
On stage he wrote the score for the iconic musical A Chorus Line, which was the composer's first Broadway show.
Hamlisch was one of only 11 people to win awards at the Oscars, Tonys, Emmys and Grammys.
He was also the recipient of three Golden Globes and a Pulitzer Prize for A Chorus Line.
A number of friends and celebrities paid tribute to Hamlisch on Twitter soon after the news of his death broke.
"Thank you for the music, Marvin Hamlisch! "
"I just heard of Marvin Hamlisch's death. Nothing more to say than I just adored him. Very, very sad day."
"So saddened by the passing of my friend, Marvin Hamlisch. So often, he was truly "the one". The music of Heaven got sweeter today. RIP."
"The GREAT Marvin Hamlisch passed away... What a loss. What a talent. What contributions... #rip"
"R.I.P. Marvin Hamlisch. His score to 'Bananas' is one of my all time favourite comedy soundtracks"