Oscars 2018: The Shape of Water Wins Best Picture at Academy Awards

Ways to Spice Up the Oscars

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

Warren Beatty and Faye Dunaway, who read out "La La Land" instead of "Moonlight" as Best Picture victor last year, once again presented the top honour this year.

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

The Academy has implemented the cheeky slogan "What could possibly go wrong?" in Kimmel's advertising spots (featuring Beatty) and on the official Oscar poster.

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This year, he said, the Academy's accounting company told him that their focus would be on the envelopes. Faye echoes his excitement saying presenting is better the second time around. Hopefully no one will be confused as to which envelope they've been handed. "Benedict Cumberbatch: It's not only the most awesome name in show business, it's also the sound you get when you ask John Travolta to pronounce 'Ben Affleck,'" he quipped.

Attempting to alleviate the tension, a producer pointed to a black envelope in Bourdon's hands, which she hands to Beatty, offering the ice-breaker: 'The design is a little different than past year'.

"I opened the envelope and it said 'Emma Stone, La La Land.' That's why I looked at Faye, and at you".

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The Bonnie and Clyde stars will return to present the award for Best Picture. "It's so nice seeing you again". "What happened previous year was Waterhouse under the bridge", a reference to the accounting firm of PricewaterhouseCoopers, which took responsibility for the envelope mix-up.

PricewaterhouseCoopers created a new policy to make sure that kind of confusion doesn't happen again, including prohibiting the use of smartphones and social media backstage during the Oscars show.

You can compare how large the text is in the image above with last year's envelopes, and the difference is huge - literally.

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