'But there's always a catch'

By Nick Romano
February 28, 2017 at 08:14 AM EST

“I’m La La Land — I’m sorry, I read that wrong. I’m Stephen Colbert,” the host of The Late Show riffed on the Oscars mix-up during his opening monologue Monday night. “It was the craziest ending to the Oscars since it turned out that Helen Mirren was Keyser Söze.”

Colbert recapped how presenters Faye Dunaway and Warren Beatty were given the wrong envelope and accidentally announced La La Land instead of Moonlight for Best Picture at the Oscars ceremony Sunday night.

“I feel bad for everybody in La La Land and the poor Moonlight people,” Colbert said. “It should’ve been a great moment for African-Americans, but there’s always a catch. ‘Here’s your Oscar, but some white folks get to touch it first.’ To make matters worse, while they were up on stage, Ryan Gosling explained jazz to them.”

Watching clips of the moment, Colbert said, “That is so uncomfortable to watch when you know what’s coming. It’s like watching Titanic, except Titanic actually won Best Picture. I feel so bad. I feel so bad.”

Elsewhere, Colbert spoofed the moment with “a backstage look.” In it, Beatty opens the winner’s envelope to find a card that reads “STALL!!! We haven’t finished watching Moonlight yet.” On the back, another message told him to not let Dunaway say La La Land.

Watch both clips above.