America loves a second chance story.
And we're in store for the ultimate redemption story on Sunday's Oscars with the news, as reported by The Hollywood Reporter and TMZ, that Warren Beatty and Faye Dunaway will present the final Academy Award.
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.
What followed was unprecedented live TV chaos as La La Land was proclaimed the winner before the mistake was corrected on stage and the Oscar given to the rightful winner, Moonlight. Black-tie bedlam played out in front of the world's viewing population.
Bringing back the Bonnie and Clyde stars for a presenting redux will give this episode the kind of fantastic Hollywood ending no one could have ever imagined following the hair-pulling that took place a year ago.
During that time the Academy has taken steps to ensure that this very avoidable mistake will never happen again — by replacing the two accountants responsible for handing Beatty the wrong envelope and adding a third set of eyes to fully prevent another miscue.
As important, the famously-uptight Academy has embraced last year's amazing gaffe. Host Jimmy Kimmel is getting a new chance at presenting after he hosted a great 2017 show, forgotten in the wake of the ending mayhem.
Kimmel has even laughed that he wants another envelope snafu this year to pull in the viewers.
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.
The show producers Jennifer Todd and Michael De Luca are back as well for a second Oscar try after dealing with a mistake that was out of their hands.
With the fixes in place, they're using last year's show to remind people that Academy Awards can be the ultimate source of history unfolding on live TV.
"Obviously mistakes happen," Todd tells USA TODAY about the humorous look back to last year. "We’re not curing cancer. We’re entertaining people. And look, it’s live TV. And we don’t know what’s going to happen this Sunday night. Mike and I learned that the last time. We were hoping for that unexpected moment. And we really got one."
Beatty's return is especially right. The 80-year-old star was the immediate and incorrect scapegoat for 2017's ballot mess as Kimmel came onstage and proclaimed "Warren, what have you done?"
Beatty was masterful and poised in a situation you could neverprepare for. He held onto that envelope, refused to let it out of his hands — his proof of Envelopegate innocence.
He has been nothing but class in the aftermath of the exoneration that followed.
Now it's time for some celebration and laughter one year later, with Beatty and Dunaway triumphantly striding out on the Oscar stage with that right envelope.
We can't wait for Sunday night to know exactly how it will play out. But you can bet on a few things — a crowd full of Hollywood's biggest stars are going to rise to their feet and the right kind of history is going to made.