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Eddie Murphy Hosting The Oscars

Eddie Murphy will host the 2012 Oscars now that Brett Ratner, the producer of the 84th edition of the coveted award show, chose the 50-year-old funny man over actors Jerry Seinfeld and Billy Crystal.

Ratner dubbed Murphy a “genius” in a recent interview with MTV.com, gushing: “The only time I ever really had to pinch myself was the first day of shooting with Eddie Murphy.”

Murphy will be starring in the upcoming crime comedy film Tower Heist directed by Ratner.

Murphy plays Slide, an ex con tapped by the staff of a New York highrise to help get back at a wealthy businessman who has tricked them into a Ponzi Scheme.

The film hits theaters November 4, 2011.