View this post on Instagram 
 
 Thank you @givenchyofficial Thank you @riccardotisci17 It was an honor working with you on your last Givenchy Haute Couture #Oscar dress. #EmmaStone #17 #Givenchy #LaLaLand #1700hoursinthemaking ||||| The climax of Hollywood's biggest night ended in what will surely be a long-remembered snafu, as the initial announcement that the best picture award went to "La La Land" had to be retracted and corrected to the real winner, "Moonlight." 
 
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 The announcement of "La La Land" as best picture was followed by several moments of apparent chaos onstage that ended with Jordan Horowitz, a producer of "La La Land," announcing that it was not really his picture that won. 
 
 "There's a mistake. 'Moonlight,' you guys won best picture ... This is not a joke," Horowitz said. 
 
 A clearly startled audience stood and erupted in applause for "Moonlight." Director Barry Jenkins, the cast and other crew members then dashed onstage to accept the prize. 
 
 "Even in my dreams, this could not be true. But to hell with dreams," Jenkins said. 
 
 .@BandryBarry on Best Picture for "Moonlight": "Even in my dreams this could not be true. But to hell with dreams." https://t.co/PWdEQd5KwP pic.twitter.com/eEwIkI4ErW — Good Morning America (@GMA) February 27, 2017 
 
 As it turns out, the presenters for the award, Faye Dunaway and Warren Beatty, were given the wrong envelope before they walked onto the stage. An enlarged video still of him at the mic shows him holding an envelope that reads "Actress in a leading role." 
 
 The envelope in Warren Beatty's hands read "ACTRESS IN A LEADING ROLE" when announcing Best Picture. #Oscars https://t.co/j1KdSvyI98 pic.twitter.com/ciXOLdqaIy — Good Morning America (@GMA) February 27, 2017 
 
 Watch moment Warren Beatty appears to take a second look inside envelope for Best Picture. #Oscars https://t.co/xiLXLizzNd pic.twitter.com/45ELp1GTcE — Good Morning America (@GMA) February 27, 2017 
 
 PricewaterhouseCoopers, the accounting firm that tallies the Oscars votes, said it is investigating how the mishap occurred. 
 
 "We sincerely apologize to 'Moonlight,' 'La La Land,' Warren Beatty, Faye Dunaway and Oscar viewers for the error that was made during the award announcement for best picture," the company said in a statement. "We appreciate the grace with which the nominees, the academy, ABC and [host] Jimmy Kimmel handled the situation." 
 
 Host Jimmy Kimmel joked and said, "I blame Steve Harvey," alluding to his gaffe announcing the wrong Miss Universe winner in 2015. 
 
 Beatty, who has been nominated for 14 Academy Awards, said after the real winner was announced, "I wasn't trying to be funny." 
 
 Jenkins, accepting the award, made sure to give the movie that was incorrectly announced its due. 
 
 "I love 'La La Land,'" he said. "Thank you to the academy. It is so humbling to be standing up there ... There was a time that I thought this movie was impossible because I couldn't bring it to fruition ... Everybody behind me on this stage said, 'No, that's not acceptable,' so I just want to thank everyone behind me.'"
– Warren Beatty and Faye Dunaway now know how Steve Harvey felt. The latter announced the wrong Miss Universe in 2015, and at Sunday night's Oscars, the former made the same mistake during the presentation of the biggest award of the night, per the Los Angeles Times and Entertainment Weekly. Beatty goofed around and stalled for dramatic effect before handing the best picture envelope to Dunaway to read the winner, which she announced as La La Land. The team behind that movie headed up to the stage to celebrate the night's big win, and the acceptance speeches began—when suddenly an unexpected followup announcement was made. "[Actually] Moonlight is the winner ... this is not a joke," a La La Land producer said into the mic, with a sheepish-looking Beatty standing nearby, per ABC News. Beatty had apparently been given the wrong envelope (the one for best actress, Emma Stone, for La La Land), and when Dunaway was given the envelope, she simply read the movie's name aloud. The players for both movies switched spots, with Moonlight's shocked performers and crew taking the stage. "I love La La Land," Moonlight director Barry Jenkins said, while Kimmel tried to salvage the moment with: "I blame Steve Harvey."