It'll be Kevin Hart's first time hosting the event
Kevin Hart will be taking over for Jimmy Kimmel, who hosted the event for the previous two years.
Hart has wanted to host the Oscars since 2015. He had an interview on an American breakfast show, saying "With what I've done and the progress I've made in my career, that's definitely the next major step, I feel, for a comedian."
However, Hart might have quite the upward battle on his hands. Viewers tuning in to watch the live ceremony have been in decline for the past number of years.
2018's ceremony hit a record-low of 26.5 million viewers - so new producers Donna Gigliotti and Glenn Weiss will be hoping they've struck gold in securing Hart for next year's event.
Hart took to his Instagram page to officially announce his involvement in the show. The comedian said, "For years I have been asked if I would ever Host the Oscars and my answer was always the same... I said that it would be the opportunity of a lifetime for me as a comedian and that it will happen when it's suppose to."
He continued, "I will be sure to make this years Oscars a special one. I appreciate The Academy for the opportunity... now it's time to rise to the occasion."
The official nominations for the 91st Oscars won't be announced until January. However, The Golden Globes nominations will be arriving later this week, and they are generally a good indication of what's to come.