09/12/2007 at 10:00 AM EDT
Call it a repeat treat – Jon Stewart is hosting the Oscars again next year.
"I'm thrilled to be asked to host the Academy Awards for the second time because, as they say, the third time's a charm," Stewart said.
Stewart, 44, will helm the 80th annual Academy Awards on Feb. 24 at the Kodak Theater, Academy of Motion Picture Arts and Sciences producer Gil Cates announced Wednesday.
"Jon was a terrific host for the 78th Awards," Cates said. "He is smart, quick, funny, loves movies and is a great guy. What else could one ask for?"
Best known for hosting The Daily Show
, his Emmy-winning "fake" news show on the Comedy Central, Stewart hosted the award show
in 2006 for 38.9 million viewers.
Ellen DeGeneres pulled in 39.9 million viewers, but neither comedians came close to the 55 million viewers who watched Billy Crystal making one of his eight appearances as host in 1998, the year Titanic
swept the awards.
The Oscars will be broadcast on ABC.