The Academy of Motion Picture Arts and Sciences announced today that Craig Zadan and Neil Meron will produce the 85th Annual Oscars ceremony early next year.
Zadan and Meron have produced numerous film versions of Broadway musicals, including 2002's Chicago and 2007's Hairspray. They also executive produce the TV show Smash.
The news comes shortly after rumors about Jimmy Fallon hosting a Lorne Michaels-produced Oscars were refuted.
The 85th Awards Show will air on February 24, 2013. Do you think any of this year's best summer movies will be in the running for Best Picture? Let us know what you think is the most Oscar-worthy film so far this year by posting in the comments section below!