Just days after Brett Ratner stepped down as producer of the 2012 Academy Awards due to a string of controversial remarks, the Academy have announced Brian Grazer, Tower Heist producer, will take over the producing duties for the Oscars telecast. More information after the jump.

According to Deadline, Grazer’s top priority is now to find a host replacement for Eddie Murphy, who also stepped down from his post as the awards show host. Suggestions for host replacements range from the usual suspects, Neil Patrick Harris, Hugh Jackman, and Golden Globes host Ricky Gervais, to an unusual internet campaign being backed by several online film writers and blogs, with their own request for hosts…..The Muppets!

Despite these various ideas for host replacements, Deadline proposes that the Academy wants Grazer to try to persuade Eddie Murphy to return to the vacated position as host.

All these developments are pretty interesting! Who (or whom) would you like to see host the Oscars?