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Watch Seth MacFarlane's Oscars Host Announcement Video

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Seth MacFarlane SNLThis just in! "Family Guy" creator Seth MacFarlane will host the 85th annual Academy Awards come Sunday, February 24, 2013.

Deadline is reporting that the Academy Of Motion Picture Arts & Sciences will make the official announcement later today.

MacFarlane is a multi-faceted actor, voice actor, animator, screenwriter, comedian, producer, director, and singer who has proven quick on his feet while on live TV recently—hosting the "Saturday Night Live" season premiere last weekend and presenting during the Emmy Awards.

"MacFarlane’s hosting stint on Saturday Night Live’s premiere for this fall season was a tryout," explains Deadline. "He did well, especially during his standup where he sang and did voices and looked great and was thoroughly entertaining."

MacFarlane follows in the tap-dancing footsteps of Billy Crystal, who hosted the awards show last year after Eddie Murphy dropped out following producer Brett Ratner's resignation after anti-gay remarks.

This year's Oscar's will be produced by "Hairspray" and "Footloose" producers Craig Zadan and Neil Meron. MacFarlane better put on his dancing shoes ...

 Watch his video announcement below:

Watch MacFarlane's "SNL" monologue below:

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Aly is a Senior Correspondent for INSIDER, a new lifestyle publication from Business Insider Inc. She was previously the Senior Entertainment Editor at Business Insider. Before joining BI in 2011, she worked as a reporter, writer, and producer for E! News and E! Online in Los Angeles. Aly graduated from the University of Southern California with a degree in journalism. She has written for numerous entertainment and lifestyle publications and hosted TV and web segments of similar content. You can follow her @AlyWeisman.