LOS ANGELES, CA - JUNE 29: Host Chris Rock speaks onstage during the BET AWARDS '14 at Nokia Theatre L.A. LIVE on June 29, 20
Kevin Winter/Getty Images for BET

Shortly after convincing rumors started circulating, Chris Rock was officially named the host of the 88th annual Academy Awards, which go down on Feb. 28, 2016. Rock recently wrote, directed and starred in Top Five; he also turned in a guest spot on Empire's season two premiere in September. 

The 50-year-old comedian previously hosted the Oscars in 2005. Last year's frontman was Neil Patrick Harris; his night was the event's "lowest rated in six years," per EW.

“Chris Rock is truly the MVP of the entertainment industry,” show producers David Hill and Reginald Hudlin said in a statement. “Comedian, actor, writer, producer, director, documentarian—he’s done it all. He’s going to be a phenomenal Oscar host!”

Hit the Academy's official site to read more about the Rock announcement.