Jennifer Lawrence woke up bright and very early this morning to help announce the nominations for the 2012 Academy Awards, which will be hosted by Billy Crystal and air live from Hollywood on February 26.

With The Descendants and The Artist leading the way, take a look below at the nominees in all the major categories...

Posted in: Academy Awards

Veteran actor Billy Crystal has announced he is replacing Eddie Murphy as host of the 2012 Oscars. It will be his ninth time at the helm of Hollywood's biggest night.

"Am doing the Oscars so the young woman in the pharmacy will stop asking my name when I pick up my prescriptions," the 63-year-old Crystal tweeted.

Posted in: Academy Awards

Next year's Oscar nominations have yet to be announced, but this has: Eddie Murphy has stepped down as host of the 84th Academy Awards, according to reports.

The actor's announcement comes one day after Tower Heist director Brett Ratner resigned as producer of the program. The 50-year-old said in a statement:

Posted in: Eddie Murphy

Say this for Eddie Murphy: he couldn't be worse than last year's hosts.

Sources tell Deadline that the Academy Awards braintrust will meet this Tuesday to consider the man or woman who will emcee Hollywood's biggest night in 2012 and producer Brett Ratner will start with one name atop his list: Murphy.

Posted in: Eddie Murphy

She's off the small screen, but might Oprah Winfrey play a role in big screen affairs next year?

Motion Picture Academy sources tell The Chicago Sun-Times that the former talk show host is in contention to host the 2012 Academy Awards. The event will be broadcast on ABC, which has a close relationship with Oprah, and a deal could even be finagled that would give OWN exclusive rights to some kind of post-Oscars telecast.

Posted in: Oprah Winfrey

Neither Erin Andrews nor Maria Menounos were up for any Academy Awards last night, but let's just say a few million men were very happy these two showed up for the ceremony regardless.

The TV journalists/hosts/personalities/beauties posed on the red carpet at the event. Which looked sexier?  Vote below:

Posted in: Celebrity Fashion