*Brian Grazer has accepted the Academy’s 11th hour request that he replace Brett Ratner as producer of the 84th Academy Awards, according to The Hollywood Reporter.

Academy president Tom Sherak had to hurry up and quickly to reboot the awards show, which had lost one of its producers as well as host Eddie Murphy, who announced Wednesday that he was withdrawing from the show in the wake of Ratner’s departure the previous day.

Grazer, a producer of the upcoming “J. Edgar,” was at the top of the list of producers whom Sherak approached to come aboard and co-produce the show along with the previously announced Don Mischer. Grazer’s first order of business will be naming a new host.

It will be the first time Grazer, who won the best picture award in 2001 for “A Beautiful Mind,” has produced the telecast, scheduled for Feb. 26.

“Brian Grazer is a renowned filmmaker who over the past 25 years has produced a diverse and extranordinary body of work,” Sherak said. “he will certainly bring his tremendous talent, creativity and relationships to the Oscars.”

In addition to his “Mind” best picture win, Grazer has been nominated in the writing category for “Splash” and received best picture nominations in 1995 and 2008 for “Apollo 13” and “Frost/Nixon.”