ABC would vastly prefer its own Jimmy Kimmel, but the host is already MCing the Emmys.
"No, I'm not going to do the Oscars," Fallon confirmed to Today host Matt Lauer. "It's an honor to be asked by the academy, but it's not my year."
ABC nor Disney have say on who the Academy asks to host their awards, but Disney Chief Executive Bob Iger holds quite a bit of sway. He was recently named chairman of the Academy's $250-million capital campaign to raise money for a new museum.