Looks like the rumors were true — actor and comedian Eddie Murphy has been officially tapped to host the 84th annual Academy Awards. Although Murphy has hosted other awards shows, this will be his first gig at the Oscars.

“Eddie is a comedic genius, one of the greatest and most influential live performers ever,” said show co-producer Brett Ratner, who also directed Murphy in the upcoming comedy ‘Tower Heist,’ due for release November 4. “With his love of movies, history of crafting unforgettable characters and his iconic performances — especially on stage — I know he will bring excitement, spontaneity and tremendous heart to the show.”

In a statement, Murphy said, “I am enormously honored to join the great list of past Academy Award hosts from Hope and Carson to Crystal, Martin and Goldberg, among others. I’m looking forward to working with Brett…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.”

The Oscars will broadcast live on ABC from Hollywood’s Kodak Theatre on February 26.

[The Hollywood Reporter]