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:

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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.

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Eddie Murphy Biography

Eddie Murphy Photograph Eddie Murphy used to be really, really funny. Now, he stars in bad movies and isn't a good father. More »
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Eddie Murphy