Eddie Murphy is out as Oscars host

Roosevelt native Eddie Murphy will not be hosting the 84th Academy Awards telecast in February.

The move comes a day after show producer Brett Ratner (who produced Murphy's new film, "Tower Heist") resigned after fallout from his offensive remarks about homosexuals.

Academy of Motion Picture Arts and Sciences president Tom Sherak said Wednesday in a statement, "I appreciate how Eddie feels about losing his creative partner, Brett Ratner, and we all wish him well."

As for Murphy, the comedian said: "First and foremost I want to say that I completely understand and support each party's decision with regard to a change of producers for this year's Academy Awards ceremony. I was truly looking forward to being a part of the show that our production team and writers were just starting to develop, but I'm sure that the new production team and host will do an equally great job."