Emmy-winning Daily Show anchor Jon Stewart has a new gig: host of the 78th Annual Academy Awards on March 5, it will be announced Wednesday, according to the Los Angeles Times.

The paper reports that Stewart, 43, secured the deal right before Christmas.

The funnyman hosted the Grammy Awards in 2001 and 2002, and his selection by the Academy of Motion Picture Arts and Sciences follows reports in recent weeks that last year's host, Chris Rock, was not being asked back (at least not in 2006) and that veteran host Billy Crystal refused the Academy's offer to return.

Source: People

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