When I reported the news a few days ago I stated that talks were still going on. But now those talks are over and now it's official - Eddie Murphy will host the 2012 Academy Awards show, with the official announcement from the Academy coming any minute now.

The Oscar hosting announcement is coming much earlier than usual no doubt because the Academy wants the public to be reassured that they're in no way, in any shape or form, going to repeat the disastrous teaming of Anne Hathaway and James Franco earlier this year.

Personally I just hope Eddie doesn't wear that huge earring on the show. I HATE seeing black men with earrings!