Steve Martin and Alec Baldwin Set to Co-Host the Oscars

Steve Martin and Alec Baldwin

After a report from Nikki Finke earlier this morning saying Ben Stiller and Robert Downey Jr. declined the duty of co-hosting the 2010 Oscars, the Academy made an official announcement this afternoon that It’s Complicated co-stars Steve Martin and Alec Baldwin have agreed to host the show.

Oscar telecast producers Bill Mechanic and Adam Shankman were quoted in a joint statement saying, “We think the team of Steve and Alec are the perfect pair of hosts for the Oscars. Steve will bring the experience of having hosted the show in the past and Alec will be a completely fresh personality for this event.”

This will be the first time for Baldwin on the big stage while this marks Martin’s third time hosting the event after hosting in 2001 when Gladiator took home Best Picture and again in 2003 for Chicago‘s big win. Martin was nominated for an Emmy for his first stint as host.

The 2010 Oscars will be presented on Sunday, March 7, 2010, at the Kodak Theatre at Hollywood & Highland Center, and televised live by the ABC Television Network. The Oscar presentation also will be televised live in more than 200 countries worldwide.

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