Steve Martin and Alec Baldwin to Host 82nd Oscars© Ceremony

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Steve Martin and Alec Baldwin will serve as co-hosts of the 82nd Academy Awards©, Oscar© telecast producers Bill Mechanic and Adam Shankman announced November 3.

“I’m happy to co-host the Oscars with my enemy Alec Baldwin,” said Martin in an Academy press release.

“I don’t play the banjo, but I’m thrilled to be hosting the Oscars-it’s the opportunity of a lifetime,” Baldwin replied.

Martin hosted the 73rd and 75th Academy Awards© shows, earning him an Emmy nomination his first time, according to the Academy. He also served as a presenter on the show several times, most recently with Tina Fey at last year’s ceremony. He is currently touring with the bluegrass band Steep Canyon Rangers in support of his latest album The Crow: New Songs for the Five String Banjo. In 1977 and 1978 Martin won Grammys for Best Comedy Recording.

Baldwin was nominated for an Academy Award© in 2003 for his supporting role in The Cooler. He was also a presenter in that same year. Baldwin currently stars as Jack Donaghy on the comedy 30 Rock, a role for which he has won two Emmys (in 2008 and 2009). Baldwin earned a Tony Nomination in 1992 for his performance in A Streetcar Named Desire.

The Academy Awards© for outstanding film achievements of 2009 will be presented on Sunday, March 7, 2010, at the Kodak Theatre at Hollywood & Highland Center®, and televised live by the ABC Television Network. The Oscar© presentation also will be televised live in more than 200 countries worldwide.