Alec Baldwin & Steve Martin Tapped for Oscar Duty

ABC/TIM OGIER

It's months away, but the Oscars are already Rocking our world.

In the latest effort to return Hollywood's biggest night to must-see-TV status, the powers that be have tapped Alec Baldwin and Steve Martin to cohost the 82nd Annual Academy Awards next year.

"I am happy to co-host the Oscars with my enemy Alec Baldwin," Martin, who hosted the ceremony solo in 2000 and 2002, said in a statement.

"I don't play the banjo but I'm thrilled to be hosting the Oscars—it's the opportunity of a lifetime," added Baldwin, a veteran movie star and past nominee who just collected his second straight Emmy for being freakin' hilarious on 30 Rock.

Our sides are hurting already. 

"Steve will bring the experience of having hosted the show in the past and Alec will be a completely fresh personality for this event," first-time Oscar producer Adam Shankman said. (And we're thinking the prescient Mark Malkin deserves some kudos, as well.)