After years of voicing an annoying cartoon donkey for the lucrative Shrek franchise, funnyman Eddie Murphy is finally adding some live action work to his resume. The comedian will host the 2012 Oscars, says the Academy of Motion Picture Arts and Sciences. "I am enormously honored to join the great list of past Academy Award hosts from Hope and Carson to Crystal, Martin and Goldberg, among others," said Murphy in a statement released by the Academy. The 84th Academy Awards will be telecast on February 26. Murphy made his name when he joined the cast of Saturday Night Live in 1980. He starred in a handful of comedy blockbusters over the next two decades, including classic comedies like Coming to America, Beverly Hills Cop and The Nutty Professor— and in 2007 had a best supporting actor Oscar nomination for Dream Girls. There's no denying Eddie Murphy's career isn't what it once was. Movies like Meet Dave, Norbit, and Imagine That have failed to attract audiences, and have been widely panned by critics. Murphy's 2002 sci-fi comedy The Adventures of Pluto Nash is considered one of the biggest box office flops (and money-losers) of all time. Can the Oscars revive Murphy's career and bring back a taste of his glory days as one of America's funniest comedians? We're keeping our fingers crossed.