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IMAGE: Eddie Murphy
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"Shrek" star Eddie Murphy is rumored to be in discussions about hosting next year's Oscars, but he may have competition in hosting veteran Billy Crystal.
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updated 9/5/2011 10:46:20 AM ET 2011-09-05T14:46:20

Now that would be a show!

Comedian and actor Eddie Murphy is in talks to host the 84th Academy Awards, according to the Los Angeles Times.

So, when will we know for sure if the funnyman got the gig?

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It could be as early as this week.

Although no names have officially been submitted to the Academy of Motion Pictures Arts and Sciences just yet, a decision could be made Tuesday when Oscar producers Brett Ratner and Don Mischer meet up with the Academy's president, Tom Sherak.

According to Deadline.com, Ratner has had Murphy's name in mind for some time as a candidate for the coveted hosting gig.

And with good reason.

Aside from Murphy's notable comedic background and stand-up career, we hear Ratner and the "Shrek" star struck up quite the friendship when Ratner directed Murphy's upcoming "Tower Heist" action flick with Ben Stiller, in theaters Nov. 4.

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Murphy isn't the only comic actor in the running to host the Oscars, however. (And no, we're not looking at you, James Franco.) Billy Crystal, who's expressed interest in hosting the show again, is also reportedly being considered for the position.

What do you think about Murphy as a potential Oscar host? Share your thoughts on the  Facebook page for our TV blog, The Clicker.

© 2012 E! Entertainment Television, Inc. All Rights Reserved.

Video: Will Eddie Murphy host the Oscars?

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    >>> we're back with today's buzz, everything from the latest on the season premiere of "the real housewives of beverly hills ."

    >> we have the answers to all your buzz-worthy questions. bonnie fuller is editor in chief of "hollywood life.com" and edie is from gossip chief. the real housewives of beverly hills , we've been waiting to hear about this after the suicide of one of the husbands. tell us what happened.

    >> listen, tough situation. a terrible situation. but tough for the producers to handle. i think they handled it pretty well. this had an introduction where they had all the housewives minus taylor armstrong, whose husband committed suicide . they genuinely were grief-stricken, none of them had any idea he was this suppressed. actually the reaction has been mixed. the " los angeles times " came out quite heavily against it.

    >> they said it was not an appropriate choice. on the other hand, some of the twitters have been quite in favor of this saying thanks for talking about suicide and bringing it to the fore.

    >> you remember what the fallout -- is anybody playing the show for his suicide?

    >> i don't think anybody is blaming the show. but there's a lot of people who feel that the whole season should have been pulled.

    >> and, or just edited out, like it never happened?

    >> well he certainly has been edited out. and you could tell from watching the first episode, that there seemed to be far less emphasis on taylor than.

    >> to what degree he will be in if at all. that all remains to be seen.

    >> probably looking at the reaction.

    >> charlie sheen is with his ex-?

    >> both of his ex-s.

    >> what he did is he --

    >> that's right. he celebrated his 46th birthday, one night with ex number one. with denise and with their two daughters. and then the next night, these are the pictures from the next night, with brooke mueller and he's had a very tempestous relationship with brooke mueller.

    >> this man is described as an unemployed winner.

    >> he has a special debuting the same night that ashton cucher makes his debut.

    >> is it true, he may co-host the oscars? what's the story there?

    >> the story is he won't be co-hosting the oscars, since he has a relationship with the people who are the producers.

    >> brett ratner is producing the oscar show and is producing a new movie starring eddie murphy .

    >> so who would be his co-host?

    >> they're not talking about a co-host yet. but i bet it's going to be billy crystal .

    >> wouldn't that be awesome?

    >> he was always my favorite. i don't know about you guys.

    >> it's also could be a solo gig.

    >> steve martin is good, too.

    >> "the help" i fell in love with that. i balled like a baby. i thought it was terrific. and it doesn't surprise me it's still number one.

    >> is hilly holbrook the cruela deville of jackson, mississippi.

    >> it's hard to believe that's opie's daughter.

    >> and jessica chastain , who plays miss celia, the tramp.

    >> doesn't it go to show when you get a quality movie, from a great story, it can work. it doesn't have do --

    >> loved it.

    >> she is so funny. oh, my gosh.

    >> thanks, ladies.

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