The film industry's biggest awards night on 24 February will instead have a variety of top stars to introduce different sections, according to US entertainment magazine Variety.
It will only change if a serious superstar can be found at the eleventh hour to host the ceremony.
The decision was made a month after US actor and comedian Kevin Hart stepped down as host of the Oscars after tweets he posted between 2009 and 2011 resurfaced, with offensive language towards the LGBT community.
He had only been announced as host of the 91st Academy Awards Ceremony at Hollywood's Dolby Theatre three days before.
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