Oscars 2018: The 5 Best Jokes From Jimmy Kimmel's Opening Monologue

Posted March 06, 2018

Gay drama Moonlight turned down the chance to get their Oscar for Best Picture for the second time after the infamous mix-up during last years ceremony.

Minutes later while the filmmakers behind La La Land were celebrating, the show's producers stormed the stage and eventually Moonlight was rightfully given the award.

Dunaway, 77, and Beatty, 80, then announced that "The Shape of Water" won the evening's top honors. But it was unclear why they would have been given the wrong envelope - until it came to light that the chaos stemmed from a rep for the Oscars' accounting firm PricewaterhouseCoopers. And they said, it's okay.

He said: "I want to dedicate this to every young filmmaker, the youth who is showing us how things are done in every country of the world".

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After Beatty opened the envelope onstage, he hesitated.

Hollywood legends Warren Beatty and Faye Dunaway returned to the Oscars to present Best Picture after last year's fiasco.

In a moment of pure chaos, Jordan Horowitz, a producer of "La La Land", later set the story straight: "Moonlight" was the true victor. I...talked to them very nicely, the accountants. "This is not a joke, Moonlight, you won best picture".

Past year it was a much different story as the Bonnie And Clyde actors were at the center of an envelope mishap involving Academy Awards agency PriceWaterhouseCoopers which counts the votes.

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Frances McDormand, Sam Rockwell and Guillermo del Toro are each heavily favoured to win, while Aussie golden girl Margot Robbie is nominated for a Best Actress award.

Despite the infamous incident The Academy has made a decision to retain accounting firm PwC despite the now infamous Best Picture flub.

A clearly confused Beatty hesitated after opening the envelope, so he handed it to Dunaway who immediately announced La La Land.

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