It's all change for the 2012 Oscars as the producers have gone old-school and tapped veteran stand-up and former 'Saturday Night Live' star Eddie Murphy to host next year's 84th Academy Awards. The decision was announced Tuesday by telecast producers Brett Ratner and Don Mischer.

It will be Murphy's first time hosting the awards ceremony. The 'Shrek' star, who was nominated for an Oscar in 2006 for 'Dreamgirls,' said of his selection, "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."

'Rush Hour' director Ratner said that "Eddie is a comedic genius, one of the greatest and most influential live performers ever. 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 Don and I want to produce in February."