The Academy just announced that Alec Baldwin and Steve Martin have accepted an offer from producers Adam Shankman and Bill Mechanic to serve as co-hosts for March 7's Oscar ceremony. Martin has emceed the Academy Awards alone twice before (in 2001 and 2002), and both have honed their hosting abilities over record numbers of appearances on Saturday Night Live (Martin's hosted SNL 15 times, and Baldwin 14, more than anyone else). They might not add up to a Jackman, but they'll do, we suppose!
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