MUMBAI: Steve Martin and Alec Baldwin will serve as co-hosts of the 82nd Academy Awards.

Oscar telecast producers Bill Mechanic and Adam Shankman said, "We think the team of Steve and Alec are the perfect pair of hosts for the Oscars. Steve will bring the experience of having hosted the show in the past and Alec will be a completely fresh personality for this event."

"I am happy to co-host the Oscars with my enemy Alec Baldwin," said Martin.

"I don’t play the banjo but I’m thrilled to be hosting the Oscars – it’s the opportunity of a lifetime," said Baldwin.

Martin hosted the 73rd and 75th Academy Awards shows, earning an Emmy nomination for the first stint. He has also served as a presenter on the show several times, most recently at the ceremony in February when he appeared with Tina Fey.

Baldwin was nominated for an Academy Award in 2003 for his supporting role in The Cooler. That year also marked his most recent appearance as a presenter on the show.

Academy Awards for outstanding film achievements of 2009 will be presented on 7 March, 2010, at the Kodak Theatre at Hollywood & Highland Center.