Though Universal 's film unit did produce occasional hits , among them Airport , The Sting , American Graffiti , and a blockbuster that restored the company 's fortunes , Jaws , Universal in the 1970s was primarily a television studio . Though Universal 's film unit did produce occasional hits , among them Airport , The Sting , American Graffiti , Earthquake , and a blockbuster that restored the company 's fortunes , Jaws , Universal in the 1970s was primarily a television studio .