Eddie Murphy Withdraws from Hosting Oscars

Eddie Murphy has withdrawn from hosting the 84th Academy Awards Show.  Eddie announced he would not host after Brett Ratner who directed his new movie , Tower Heist, resigned as a producer of the telecast after using a gay slur at a recent Q&A. The 84th Academy Awards will air live on ABC from the Kodak Theatre in Hollywood on February 26th. In an official statement from Eddie Murphy;

First and foremost I want to say that I completely understand and support each party's decision with regard to a change of producers for this year's Academy Awards ceremony. I was truly looking forward to being a part of the show that our production team and writers were just starting to develop, but I'm sure that the new production team and host will do an equally great job.

So now who will the Academy look to host?   Any Suggestions?