Eddie Murphy Withdraws as Oscars Host

Posted Wednesday November 9, 2011 3:37 PM GMT

Pulling the plug on his planned night on the grandest of Hollywood stages, Eddie Murphy has withdrawn as the host of the 2012 Academy Awards.

The sudden announcement was made on Wednesday (November 9), with the "Tower Heist" actor breaking the news just after his good friend Brett Ratner resigned as producer of the show.

Of the decision, Murphy said in a statement, "First and foremost. I want to say that I completely understand and support each party's decision with regard to a change of producers for this year's Academy Awards ceremony."

The 51-year-old added, "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."

Meanwhile, Academy of Motion Picture Arts and Sciences President Tom Sherak later said of Eddie's decision, "I appreciate how Eddie feels about losing his creative partner, Brett Ratner, and we all wish him well."

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