Hugh Jackman
has officially decided not to return as host this years Academy Awards. Boooo!

He may take on hosting duties again in the future, but it’s understood that he didn’t want to do the show two years in a row….Once his Broadway run ends, Jackman will take time off and prepare for “The Real Steel,” the Shawn Levy-directed DreamWorks drama that will begin production in the spring.

Jackman was responsible for last years huge bump in ratings. Now the big question is, who will host this year? if only Ricky Gervais didn’t already have his work cut out for him….