"Extra's" Jerry Penacoli met with Oscar producers Brian Grazer and Don Mischer, who shot down the rumor that Sacha Baron Cohen's alter ego based on his new film, "The Dictator," isn't welcomed at this year's festivities. Says Grazer, "We're thrilled to have him and he'll be on the red carpet dressed as The Dictator."
Grazer also revealed Eddie Murphy, who dropped out as the show's host, will not be making an appearance.
He's back! Funnyman Billy Crystal has been named the new host of the 84th Annual Academy Awards.
Crystal confirmed via Twitter, writing, "Am doing the Oscars so the young woman in the pharmacy will stop asking my name when I pick up my prescriptions. Looking forward to the show."
Although Brian Grazer has stepped into the role as 2012 Oscars producer, recently vacated by his director friend Brett Ratner, the two "Tower Heist" buddies were spotted having a meal together in Santa Monica.
Ratner and host Eddie Murphy both announced this week that they were exiting the 84th Annual Academy Awards. Ratner resigned in the wake of a recent gay slur, with Murphy parting the following day.
Now that Brett Ratner and Eddie Murphy are out of the picture, the Academy of Motion Picture & Sciences is looking to quickly reboot the 84th Annual Academy Awards.
Academy President Tom Sherak announced Wednesday that producer Brian Grazer will co-produce with the previously announced Don Mischer.
"Brian Grazer is a renowned filmmaker who over the past 25 years has produced a diverse and extraordinary body of work," said Sherak. "He will certainly bring his tremendous talent, creativity and relationships to the Oscars."
"It's very gratifying to be part of a show that honors excellence in the medium to which I have devoted so much of my career," said Grazer. "Don is a legend, and I am excited to work with him."
Grazer's recent producing credits include "Tower Heist" and the upcoming "J. Edgar."