Jimmy Fallon - Jimmy Fallon Confirms: 'I'm Not Gonna Do The 2013 Oscars'

In a conversation with Matt Lauer for the Today show, Jimmy confirmed "I'm not gonna do the Oscars. I was honoured to be asked by the Academy, but it's not my year." His announcement comes after TheWrap reported last week that the Academy's exiting president, Tom Sherak had been in talks with Jimmy and his producer Lorne Michaels, regarding the hosting of next February's high profile ceremony. There has also been speculation over whether or not Fallon's show would make a switch to a different network on Oscars night.

It seems that a deal has not been reached and talks broke off before last week's presidential election for the Academy. The incoming president, Hawk Koch may well have designs on someone else to do the presenting; only time will tell.