Steve and Alec are set to host the Oscars

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Steve Martin was nominated for an Emmy for hosting the Academy Awards in 2001. And now, the Saturday Night Live alumnus is set to return to the stage of Hollywood's biggest awards show. But he's not going to do it alone — 30 Rock's Alec Baldwin will be co-hosting the event. "I'm thrilled to be hosting the Oscars. It's the opportunity of a lifetime," admitted Alec, while Steve joked, "I am happy to co-host the Oscars with my enemy Alec Baldwin." We can't wait to see what crazy antics these two funnymen come up with when the show airs live from the Kodak Theater on March 7, 2010.

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