While LA has been in the throes of Oscar-mania over the past few days, what has seemed to garner most of the attention was when – at the biggest moment of the night – La La Land was mistakenly named as the year’s best picture. But, while Jordan Horowitz, the producer of La La Land, began his acceptance speech with Oscar in hand, there was quite a commotion going on backstage, as the mix-up was quickly discovered.

Due to an apparent envelope faux pas, presenters Warren Beatty and Faye Dunaway announced the winner. Yet within just a mere minute, La La Land’s producer, Fred Berger, concluded his speech with, “We lost, by the way.” To that, Jordan Horowitz added, “Moonlight, you guys won best picture.”

While host Jimmy Kimmel tried to lighten the mood, Warren Beatty explained just exactly what happened when the name of the movie was read. Beatty went on to then read “Moonlight” as this year’s winning nominee.

Later in the evening, the accounting firm that tallies the Oscars voting, PriceWaterhouseCoopers, issued a formal apology to La La Land and Moonlight, the emcees of the show, and to all of the Oscar viewers for the mistake that had been made.

Next year will mark the 90th Academy Awards ceremony. This should leave plenty of time to ensure that the proper Best Picture envelope is in hand.