The movie “Grease” is released, starring John Travolta & Olivia Newton-John. The movie “Grease” was an adaptation of Jim Jacob’s 1971 musical about two high school lovers in the 1950s. Directed by Randal Kleiser, “Grease” starred John Travolta as greaser Danny Zuko and Olivia Newton-John as Sandy Olsson. The two meet while Sandy is vacationing and fall in love during the summer. It was on this day, June 16, 1978, that the movie “Grease” was released to favorable reviews.