UPDATE 8/8/12: Jimmy Fallon revealed this morning on NBC's Today show that the Academy had indeed asked him to host the Oscars in 2013, but that he's turned them down, saying, "I was honored to be asked by the Academy, but it's not my year." There's currently no word on who the Academy is now seeking for next year's hosting duties. The L.A. Times is reporting that the Motion Picture Academy, the branch of the AMPAS that actually handles the Oscar awards ceremony, has begun discussions with Jimmy Fallon to host the 2013 Academy Awards, and with Fallon's old boss, Saturday Night Live honcho Lorne Michaels, to produce the ceremony.

But, as it seems is always the case when it comes to Oscar hosts, nothing is that simple. The...

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