Eddie Murphy out as host of the Oscars
In a statement Wednesday morning Murphy said, "First and foremost I want to say I completely understand and support each party's decision with regard to a change of producers for this year's Academy Awards ceremony. I was truly looking forward to being a part of the show that our production team and writers were just starting to develop, but I'm sure that the new production team and host will do an equally great job."
Academy of Motion Pictures Arts and Sciences president Tom Sherak added, "I appreciate how Eddie feels about losing his creative partner, Brett Ratner, and we all wish him well." Murphy stars in Ratner's new film, "Tower Heist."
Sherak and his academy team, including recently appointed CEO Dawn Hudson, must now scramble to find both a new host and a new producer to help Don Mischer, who was to produce the show with Ratner and is staying on.
The Academy Awards ceremony will be held Feb. 26.
Photo credit: Eddie Murphy at the premiere of 'Tower Heist'. (Theo Wargo/Getty Images)