By Michelle Garcia

Originally published on November 03 2009 8:05 PM ET

Neither will get an Oscar this year, but the job of hosting the 82nd
annual Academy Awards ceremony goes to actors Alec Baldwin and Steve

Variety is reporting that Baldwin and Martin will cohost the Oscars, set to broadcast live on March 7 on ABC.

Each actor has previously presented during the Academy Awards ceremony, and Baldwin was nominated for an Oscar for his role in The Cooler. Martin has hosted the ceremony twice before.