There’s been lots of talk about it and now ABC confirms it, Eddie Murphy will host the 84th Annual Academy Awards on February 26, 2012 on ABC.

The actor confirmed the news to Us Weekly:

“I am enormously honored to join the great list of past Academy Award hosts from [Bob] Hope and [Johnny] Carson to [Billy] Crystal, [Steve] Martin and [Whoopi] Goldberg, among others. I’m looking forward to working with Brett [Ratner] and Don [Mischer] on creating a show that is enjoyable for both the fans at home and for the audience at the Kodak Theatre as we all come together to celebrate and recognize the great film contributions and collaborations from the past year.”