Ellen DeGeneres to host the 86th Oscars

Three days ago, The Academy of Motion Picture Arts and Sciences elected its new president, marketing executive Cheryl Boone Isaacs. And now the producers of next award ceremony appointed the host of the show.

Ellen DeGeneres announced on Twitter that she is going to host 86th Academy Awards Ceremony on March 2, 2014. It will be her second time overseeing the biggest movie event of the year, after being a back in 2007 at 79th ceremony.

It's official: I'm hosting the #Oscars! I'd like to thank @TheAcademy, my wife Portia and, oh dear, there goes the orchestra.
— Ellen DeGeneres (@TheEllenShow) August 2, 2013

I am very excited about this, since she's been my favorite host of last decade. Can't wait to see Ellen on the stage, once more. Watch Ellen's first try at Oscars:

How do you feel about this news?