Guess what, Anne Hathaway and James Franco? Your stint hosting the Oscars in 2011 is no longer the most embarrassing moment in Academy Awards history. That honor now goes to everyone involved with Warren Beatty and Faye Dunaway mistakenly announcing La La Land as the winner of the best picture award, rather than the actual winner, Moonlight. To celebrate the 50th anniversary of Bonnie and Clyde, Beatty and Dunaway presented the Oscar for best picture.