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Article updated: 2/25/2013 5:49 PM

Affleck's 'Argo' wins best-picture Oscar

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Ben Affleck, who directed, produced and acted in the film, accepts the award for best picture for "Argo" during the Academy Awards ceremony in Los Angeles on Sunday.

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Ben Affleck's “Argo,” a film about a fake movie, has earned a very real prize: best picture at the Academy Awards. In share-the-wealth mode, Oscar voters spread Sunday's honors among a range of films, with “Argo” winning three trophies but “Life of Pi” leading with four.