The dispute began when WWD published an interview in which Lagerfeld said he had started work on a dress for Streep to wear to Sunday’s Academy Awards.
But he claimed he was then told by one of the actress’s representatives: “Don’t continue the dress. We found somebody who will pay us.”
Referring to Streep, he said: “A genius actress, but cheapness also, no?”
The designer later issued a statement admitting he had “misunderstood that Ms Streep may have chosen another designer due to remuneration” and said he regretted the controversy.
However, Streep, who has her 20th Oscar nomination this year for Florence Foster Jenkins, hit back.
She said Lagerfeld “defamed me, my stylist and the illustrious designer whose dress I chose to wear, in an important industry publication”.
Her statement added: “The story was picked up globally, and continues, globally, to overwhelm my appearance at the Oscars, on the occasion of my record-breaking 20th nomination, and to eclipse this honour in the eyes of the media, my colleagues and the audience.”
Fellow Hollywood stars were quick to pay tribute to Paxton as news of his death spread – among them West Wing actor Rob Lowe.
He wrote on Twitter: “Devastated by the sudden loss of my close friend and one of the finest actors in the business, Bill Paxton. Renaissance man, raconteur and uniquely American national treasure. His filmography speaks for itself. His friendship was a blessing. My love to Bunny, James and Lydia.
“In his memory, on this Oscar Sunday, watch One False Move or A Simple Plan to see this lovely leading man, at his finest.”
Cary Elwes, his co-star in Twister, shared a picture of the pair together and praised his “talent, enthusiasm and energy”.
Jamie Lee Curtis, who co-starred with Paxton in True Lies in 1994, tweeted her sadness, writing: “Nooooo. Bill Paxton is gone. Such a funny, talented, loving human.”
Paxton’s family said in a statement: “A loving husband and father, Bill began his career in Hollywood working on films in the art department and went on to have an illustrious career spanning four decades as a beloved and prolific actor and filmmaker.
“Bill’s passion for the arts was felt by all who knew him, and his warmth and tireless energy were undeniable. We ask to please respect the family’s wish for privacy as they mourn the loss of their adored husband and father.”
Surely, with a record-equalling 14 nominations, this will waltz off with the top award. It’s classic yet contemporary. It feels unlike any other modern film, yet feels so right. And it’s about the agony and ecstasy of “making it” in Hollywood. What could be more Oscar-friendly?
The challenger: Moonlight
A beautifully-crafted film and a beautifully-told story, Moonlight gives screen time to the type of central character that Hollywood doesn’t normally dwell on, or does so only as a stereotype – a poor, young, gay, black, marginalised man.
The outsider: Hidden Figures
This real-life story of three black, female mathematicians in a white, male world at Nasa in the 1960s has exceeded expectations at the US box office, and is the highest-grossing of the nine best picture nominees.
If La La Land is to sweep the board, then it will sweep Emma Stone along with it. She’s also at the age, and the stage of her career, at which the Academy likes to admit female stars to its A list.
The challenger: Isabelle Huppert (Elle)
The French actress won a Golden Globe for her role in rape revenge thriller Elle, and there’s a strong contingent that thinks the Oscars should give her the credit she deserves for her 40-year career.
The outsider: Natalie Portman (Jackie)
At one stage, Portman and Stone were neck-and-neck. The Academy loves stars who transform themselves into real-life legends, as Portman has with former US first lady Jackie Kennedy. But Jackie has underperformed at the box office and elsewhere in the Oscar nominations.
Denzel is probably the marginal favourite in this race. If he wins, he will become only the fourth man to have won three acting Oscars, and will be the oldest best actor winner for 25 years.
Or maybe the frontrunner is: Casey Affleck (Manchester by the Sea)
It’s a close call, and Casey is still very much in contention for his depiction of pent-up grief. But he has slipped back, partly because he’s hardly charmed the campaign circuit, and partly because of a shadow cast by sexual harassment claims dating back to 2010.
The outsider: Ryan Gosling (La La Land)
If Ryan Gosling wins best actor, then La La Land really will be sweeping everything before it.
Playing the same role that earned her a Tony Award on Broadway, Viola is, according to the bookies and the pundits, the surest thing in this year’s Oscars.
The challengers: Naomie Harris (Moonlight), Nicole Kidman (Lion), Octavia Spencer (Hidden Figures) and Michelle Williams (Manchester by the Sea) all gave fine performances. But they needn’t bother rehearsing an acceptance speech.
La La Land is so beloved by the Academy that they’re likely to reward Chazelle’s vision and audacity – and the fact he’s made a film like this at the age of 32. He would be the youngest best director winner in Oscars history.
The challenger: Barry Jenkins (Moonlight)
But Moonlight also shows rare directorial acumen and marks the arrival of another major film-making talent in Jenkins, who would be the first African-American winner of this award.
The outsider: Mel Gibson (Hacksaw Ridge)
It would be a big statement to give the award to the Australian after his exile from Hollywood following notorious anti-Semitic, racist and misogynist outbursts. But then again, the Oscars did give this award to Roman Polanski in 2003, despite his own Hollywood exile after admitting unlawful sex with a 13-year-old girl.
How many Oscars will La La Land win?
The magical musical has a record-equalling 14 nominations. That includes two for best song – meaning it can win a maximum of 13 statuettes.
The record number of wins in Oscar history is 11 (Titanic, The Lord of the Rings: The Return of the King and Ben-Hur). The record for a musical is 10 (West Side Story).
The hype has cooled a little, so La La Land will do well if it gets into double digits. It’s the favourite in 10 of the 13 categories in which it has nominations – the only ones in which it isn’t frontrunner are best actor, original screenplay and sound editing.
The most diverse Oscars ever?
After two years of #OscarsSoWhite, in which there were no non-white acting nominees, three of the four acting trophies could go to black actors this year.
If Denzel, Viola and Mahershala all triumph, it will be the first time that black performers will be in the majority when the four acting winners get together for that post-Oscars photo hug.
There is a select group of 12 people who have got what is known as an EGOT – the set of Emmy, Grammy, Oscar and Tony Awards.
There’s an even more select group of just two people (composers Richard Rodgers and Marvin Hamlisch) who have got a PEGOT – all the above plus a Pulitzer Prize.
Lin-Manuel Miranda, who created the Broadway smash Hamilton, currently has a PEGT – he’s just missing an O. He’s nominated for best song for How Far I’ll Go from Moana.
La La Land is hot favourite for that prize, of course. But could the fact it has two nominations in that category split the La La vote and let Lin-Manuel sneak in to complete the set?
21st time lucky for Oscar’s biggest loser?
Sound recording engineer Kevin O’Connell notched up his 21st Oscar nomination this year for his sound mixing work on Hacksaw Ridge.
That’s a great achievement – the shine only coming off it slightly when you consider the fact he’s never won.
This could be his year. It could. Except La La Land is standing in his way. So it won’t.
At the nominees’ luncheon group photo this year, the Academy placed him in the middle, next to the giant Oscars statuette – and the face he made shows he’s past caring.
Sibling rivalry for visual effects nominees
Two British brothers are nominated for best visual effects this year, for different films.
Paul Corbould is nominated for Doctor Strange, while Neil Corbould is shortlisted for Rogue One: A Star Wars Story.
Neil has won twice before – for Gladiator and Gravity – while Paul, previously nominated for Guardians of the Galaxy, has never won.
It’s a talented family. There’s another visual effects wizard brother, Chris, who won an Oscar for Inception. Fortunately for the sake of preventing further family rivalry, he’s not nominated this year.
Foster, meanwhile, who has won Oscars for The Silence of the Lambs and The Accused, said the rally was “exactly the way to celebrate our industry, to celebrate all of you, to celebrate artistic expression and our commitment to humanities on screen and off”.
She did not air her views in public often, she told the crowd during her impassioned speech. “I’m not somebody who’s very comfortable using my public face for activism.
“And so in my life I’ve found the small ways, much like most of you, to serve and to show up and to give somebody a lift at the bottom of the hill when they’re going to the top.
“But this year is a very different year and it’s time to show up. It’s a singular time in history. It’s time to engage.”
She added: “When we get to celebrate excellence in film like we’re doing today, like we’re doing this week, we can’t forget that this industry is in the business of humanism.
“It’s that compassion that makes us strong. It’s doing the right thing that makes us just.”
The rally comes ahead of an Academy Awards ceremony that is likely to be highly politically charged.
The rally was also shown a video message from Oscar-nominated Iranian film director Asghar Farhadi, who has said he is staying away from Sunday’s ceremony following Mr Trump’s attempt to ban travel from Iran and six other mainly Muslim countries.
Also on Friday, all the nominees for best foreign language film – including Farhadi – issued a joint statement denouncing the current “climate of fanaticism and nationalism”.
They said: “Regardless of who wins the Academy Award for best foreign language film on Sunday, we refuse to think in terms of borders.
“We believe there is no best country, best gender, best religion or best colour. We want this award to stand as a symbol of the unity between nations and the freedom of the arts.”
On Sunday, the eyes of the world will be on the Oscars. But two people already know who’s won.
You’ve never heard of Martha Ruiz and Brian Cullinan. They haven’t been in any films or on any magazine covers. But they will be the most important people at the Oscars.
They are the only two people in the world who know the names of the winners before each award presenter rips open the golden envelope and says the immortal words: “And the Oscar goes to…”
Ruiz and Cullinan have counted the votes – and counted them again, and again, to make sure the results are correct.
By Sunday night, they will have made sure the results are kept secret and delivered to the venue, no matter what, before personally handing the envelopes to each award presenter moments before they walk on stage.
“I’ve been asked what I enjoy the most,” says Ruiz. “Heading in my car to the theatre is that fun period of time, when everyone’s anticipating who the winners are going to be, and of course I know exactly who the winners are.
“So that short ride is a fun hour. Knowing what I know.”
Ruiz and Cullinan – who are partners at accountancy firm PwC – started work counting the results as soon as final voting closed on Tuesday.
The Oscar winners are chosen by 7,000 members of the Academy of Motion Picture Arts and Sciences, who can vote electronically or by post.
Most do so electronically these days, says Ruiz, who spoke to the BBC before this year’s final voting took place.
Despite that, counting in the 24 categories is not done by computer – it is all done by hand.
“Once polls close, we print everything and go through a very manual process,” Ruiz explains.
“We do that for a variety of reasons. We want to make sure that no results reside in any one system or computer, and want to ensure a variety of different mechanisms [are used] to secure the process and the results.”
Ruiz and Cullinan are joined by three or four colleagues to help with counting. “But the team members we have to help us only have a small fraction of the paper we print out.
“It’s up to Brian and I to fully count everything together once, twice and sometimes multiple times to make sure it’s correct.”
The pair will have worked their way through the categories all week until Friday, when they will have the full winners list.
Next they will start memorising all the winners – just in case anything happens to the envelopes. That is just one of a number of precautions.
“We will go through a significant amount of time quizzing each other, ensuring that we’re memorising everything,” Ruiz says.
“At that point, we also start stuffing the envelopes and ensuring that the correct winners are in each of the envelopes, and Brian and I will seal them.
“We also have two sets of ballots – Brian will have one complete set and I’ll have another. The envelopes are kept locked up in an undisclosed location.
“On the day of the show, we’ll get the ballots and Brian and I will go to the theatre on two separate roads. He’ll go one route and I’ll go another route.
“We do that to ensure that in case anything happens to one, [the other] will be there on time and delivering what’s needed with the full set.
“We also have security – LAPD – with us at all times. They’re securing not us, but what’s in the briefcase that we’re holding in our hands. That’s very clear to us!
“So we do have security measures up until we’re at the theatre and delivering that envelope to the presenter, just seconds before they walk on stage.
“We’ll be in two different locations. Brian will be on stage right, and I’ll be on stage left.”
Red carpet tug of war
The pair also get to walk the red carpet before the ceremony. They are aware, though, that the briefcases containing the envelopes attract more attention than they do.
“There are celebrities who will see what we’re carrying and will want to say hello,” Ruiz says.
“There was one year when Brian was on the carpet and Cate Blanchett saw he had the briefcase so they had a bit of a tug of war on the carpet – in jest of course, and Brian never let the briefcase go.”
The system has worked pretty well for the past 83 years, since PriceWaterhouseCoopers started counting the Oscar votes. In all that time, just 12 other people have been responsible for counting and delivering the results.
This is the third year Ruiz has done the job. “It’s a small community of partners that have had the honour to be part of this process,” she says. “It’s something I cherish and take with a lot of responsibility.”
So she’s never tempted to give anyone a hint?
“From time to time we’ll have people jokingly ask. But those around us and family members know that it’s just something we don’t talk about, actually. That’s pretty clear in my household.”
The 89th Academy Awards take place on Sunday at Hollywood’s Dolby Theatre.
Emma Thompson has spoken for the first time about why she isn’t taking part in the upcoming Love Actually sequel.
A 10-minute film is currently being produced to raise money for Comic Relief.
Thompson appeared in the original 2003 film as the wife of Alan Rickman’s character.
But in light of the actor’s death last year, Thompson has said it would be “too sad” and “too soon” to revisit her character.
“Richard [Curtis, the writer] wrote to me and said ‘darling we can’t write anything for you because of Alan’ and I said ‘no of course, it would be sad, too sad’.
“It’s too soon. It’s absolutely right because it’s supposed to be for Comic Relief but there isn’t much comic relief in the loss of our dear friend really, only just over a year ago.
“We thought and thought but it just seemed wrong but to revisit the wonderful fun characters of Bill Nighy and Hugh Grant and Liam [Neeson] and all of that, that’s fantastic but obviously what would he [Richard Curtis] have done?”
Speaking about what might have happened to their characters Karen and Harry, whose marriage is rocked by Harry’s affair with a colleague in Love Actually, Thompson added: “Both of them would be in therapy by now and I would be working on some kind of ward.
“It was absolutely the right decision.”
The short sequel, which will be broadcast on BBC One on 24 March, has already begun filming.
Rowan Atkinson, Liam Neeson and Thomas Brodie-Sangster (the now-not-so-little boy from the first film, who also stars in Game of Thrones) have been seen shooting their scenes.
Atkinson returns as the shop assistant Rufus, who was painfully-slow at gift wrapping in the first film. He now appears to be working in a supermarket.
Hugh Grant, Martine, McCutcheon, Keira Knightley, Liam Neeson, Colin Firth and Bill Nighy are among the other actors reprising their roles.