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VIDEO:Entertainment

Eddie Murphy Quits Oscar Gig

Description:Comedian Eddie Murphy has pulled out as host of this year's Academy Awards after his creative partner and Oscar producer Brett Ratner resigned, stepping down on Tuesday in the face of an industry firestorm over his use of a gay slur. Murphy released a statement saying that he completely understood and supported each party's decision with regard to a change of producers and is sure the new team will do a great job. (1:58)

Source: Reuters

Tags: Eddie Murphy Quits Oscar Gig , eddie murphy , Eddie Murphy Quits Oscars , Eddie Murphy Resigns Oscars