(photo Lindsay Teed) Pictured on the Red Carpet in 2010, the annual “walk of the Oscar ballots” by representatives of the auditing firm PricewaterhouseCoopers.

In an Academy Awards first, the wrong Best Picture winner was announced live at the Dolby Theater Feb. 26. Warren Beatty and Faye Dunaway, as best picture winner presenters, read the winner card La La Land.
While the cast and crew of La LaLand, were on stage accepting their Oscar and making thank you speeches, stage directors came behind the cast. Moments later, it was announced there was a “mix up” in the Best Picture winner category. It was supposed to read Moonlight.
The cast and crew of Moonlight then came on stage to accept their Oscars, while the cast and crew of La La Land awkwardly backed up and let the Moonlight cast say their thank yous.
The Academy Awards publicity department issued an official statement to the press at 2:21 a.m. PST, hours after the incident 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 presenters had mistakenly been given the wrong category envelope and when discovered, was immediately corrected. We are currently investigating how this could have happened, and deeply regret that this occurred.

We appreciate the grace with which the nominees, the Academy, ABC, and Jimmy Kimmel handled the situation.

—PwC [auditing firm PricewaterhouseCoopers]

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Will the auditing firm PricewaterhouseCoopers be in trouble with the Academy for the error?