Warren Beatty and Faye Dunaway return to present Best Picture at Oscars

Faye Dunaway Warren Beatty

Faye Dunaway Warren BeattyMore

Instead, it's now been announced, the Best Actress award will be presented by Jennifer Lawrence and Jodie Foster, with Jane Fonda and Meryl Streep presenting the Best Actor award.

TMZ reported that the two arrived at Hollywood's Dolby Theatre for a rehearsal - and we're sure they practiced a few more times than they did previous year.

The happy drama will finally close the circle of last year's still-unbelievable Oscar disaster in which Beatty received the wrong envelope to present the final best picture award with Dunaway.

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The cast and crew from "Moonlight" then took the stage for the most awkward moments in Hollywood history. So when they ripped it open onstage for the big reveal, the card read "Emma Stone: La La Land". That's why I looked at Faye, and at you. This year's potential Best Pictures are Call Me By Your Name, Darkest Hour, Dunkirk, Get Out, Lady Bird, Phantom Thread, The Post, The Shape of Water, and Three Billboards Outside Ebbing, Missouri. "This is not a joke".

The PwC executives in charge of the envelopes, who were ultimately responsible for the flub, were not invited back. "I wasn't trying to be amusing", Beatty clarified on stage at the time.

Legendary: Faye, 76, and Warren, 80, returned to the spotlight at last year's Academy Awards for a Bonnie and Clyde reunion, to celebrate the 50th anniversary of the film. Well, it looks like they're getting a second chance and will reportedly announce the victor once again at the 2018 Academy Awards. "Oh no. Oh my God, I think they gave the wrong award, '" Damon said.

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Other confirmed presenters during this year's telecast include Sandra Bullock, Lupita Nyong'o, Emily Blunt, Armie Hammer, Tiffany Haddish, Jodie Foster and Gal Gadot, while the ceremony will again be hosted by Jimmy Kimmel.

"We are more aware that unexpected moments can happen on a live show", Todd told People.

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