Ellen DeGeneres to host the 2014 Oscars (video)

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Ellen DeGeneres and the Academy of Motion Picture Arts and Sciences announced Friday morning that DeGeneres will be hosting the next Academy Awards ceremony.

“I am so excited to be hosting the Oscars for the second time. You know what they say — the third time’s the charm,” DeGeneres said in a press release.

DeGeneres hosted previously in 2008 amidst controversy, as that year’s Oscars came shortly after a strike by the Writers Guild ended. She 

In an Academy press release, producers Craig Zadan and Neil Meron said, “As a longtime friend, we had always hoped to find a project for us to do together and nothing could be more exciting than teaming up to do the Oscars.”

This year's host, Seth MacFarlane, drew mixed reviews for an edgy performance. He had already taken himself out of the running for a return engagement next year.

Watch Ellen's monologue from when she hosted the Oscars in 2007:

A few select jokes from Ellen's 2007 Oscars monologue:

"This has got to be your favorite part of the night. Because right now it's a level playing field; you don't really know who's going to win, unless you're British, and then you know you have a pretty good shot."

"It's my job, of course, to relax you. To put your mind at ease and make you forget that this is a make-or-break night for you."

"Leonardo DiCaprio is here. I don't have a joke, I just thought the ladies wanted to look at him for a second."

The Oscars take place Sunday, March 2, 2014 at Los Angeles’s Dolby Theatre.

A few other segments from Ellen's 2007 run hosting the Oscars:

You can also watch Ellen vacuuming at the Oscars.

Ellen delivered a monologue about hosting the Oscars the next day on her own show:

This story has been updated.

With contributions from AP

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