The gig will mark DeGeneres second time as Academy Awards emcee: She first played host of the show back in 2007.
“We are thrilled to have Ellen DeGeneres host the Oscars,” said producers Craig Zadan and Neil Meron, in a release. “As a longtime friend, we had always hoped to find a project for us to do together, and nothing could be more exciting than teaming up to do the Oscars. There are few stars today who have Ellen’s gift for comedy, with her great warmth and humanity.”
DeGeneres received an Emmy nomination for Outstanding Individual Performance in a Variety or Music Program for her first Oscar hosting gig.
The Academy Awards will be broadcast live on Oscar Sunday, March 2, 2014 on ABC.