Oscars: Warren Beatty and Faye Dunaway Reference "Envelopegate" While Presenting Best Picture

Why the Oscars won't be announcing the wrong winners in 2018

Faye Dunaway and Warren Beatty were involved in one of the biggest mistakes in Oscars history past year when they announced the wrong film as the best picture victor due to the wrong enveloped being given to them.

Even though it was not their fault, the screen legends were ridiculed past year for announcing the wrong victor.

Oscars host Jimmy Kimmel took a gentle swipe at PricewaterhouseCoopers during his opening monologue at Sunday night's Academy Awards telecast. You will be once you've surveyed our Academy Award viewing guide.

An Oscars source told TMZ that Faye, 77, started their rehearsal segment by saying: "Presenting is better the second time around". Hopefully no one will be confused as to which envelope they've been handed.

If they do present, Dunaway and Beatty have an unusually competitive category to preside over.

"When you hear your name called, don't get up right away".

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Chuckling a little as he opened the envelope, Warren announced Shape Of Water as the winning flick.

Beatty looked down at it, no doubt with flashbacks from past year racing through his mind, quipped: 'Are you sure?'

Before the "Bonnie and Clyde" co-stars came on stage, Kimmel introduced them by quipping: "This is the home stretch. What happened a year ago was Waterhouse under the bridge", a reference to the accounting firm of PricewaterhouseCoopers, which took responsibility for the envelope mix-up.

Beatty was masterful and poised in a situation you could neverprepare for.

During that time the Academy has taken steps to ensure that this very avoidable mistake will never happen again - by replacing the two accountants responsible for handing Beatty the wrong envelope and adding a third set of eyes to fully prevent another miscue.

This year's large font is in sharp contrast to last year's Oscars ceremony, where it was harder to read the gold text on red envelopes.

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