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Billy Crystal Replacing Eddie Murphy as 2012 Oscars Host!

Billy crystal oscars nov10newsbt.jpg

Nov. 10 2011, Published 8:16 a.m. ET

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Now that Eddie Murphy has pulled out of hosting the Oscars, leaving the coveted gig vacant, it's up to a true veteran to seize the opportunity and return to the stage.

Enter Billy Crystal! The comedian has hosted Hollywood's biggest night nine times and will reprise the duty at the 84th Annual Academy Awards next year!

OK! NEWS: EDDIE MURPHY PULLS OUT OF OSCARS HOSTING GIG

"Am doing the Oscars so the young woman in the pharmacy will stop asking my name when I pick up my prescriptions. Looking forward to the show" Billy, who last took on the role in 2004, Tweeted today. 

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Brett Ratner stepped down from co-producing the show after he came under fire when he used a gay slur during a weekend Q&A session about Tower Heist, his new feature film, in which Eddie stars.

OK! NEWS: BRETT RATNER RESIGNS AS OSCAR SHOW PRODUCER

As a result, Eddie also withdrew from his hosting role, following his creative partner's lead.

Are you happy Billy will be back? Sound off below!

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