'Moonlight' wins best picture Oscar after mix-up

African American coming-of-age tale "Moonlight" last night won the Oscar for best picture after a mix-up.

Presenters Warren Beatty and Faye Dunaway initially announced "La La Land" had won. Beaty told both casts - who were standing on stage - he had been given the wrong envelope to open.

PricewaterhouseCoopers, which oversees the ballots, said presenters were mistakenly given the wrong category envelope. Officials with the company apologized for the mistake.

Read more from Reuters.