The Academy of Motion Pictures Arts and Sciences has announced that Steve Martin and Alec Baldwin will serve as co-hosts of the 82nd Oscars on March 7, 2010. Oscar telecast producers Bill Mechanic and Adam Shankman said in a statement: “We think the team of Steve and Alec are the perfect pair of hosts for the Oscars. Steve will bring the experience of having hosted the show in the past and Alec will be a completely fresh personality for this event.”

Martin, who previously hosted the 73rd and 75th Oscar shows, said: “I am happy to co-host the Oscars with my enemy Alec Baldwin.” Baldwin, a previous Oscar nominee in 2003 for The Cooler, added: “I don’t play the banjo but I’m thrilled to be hosting the Oscars – it’s the opportunity of a lifetime.”