Posted on Wed Nov 9th, 2011 5:50pm PDT
Eddie Murphy appeared to be in a good mood when we spotted him leaving Restoration Hardware with several bags full of goodies today, but the comedian stayed mum on why he backed out of hosting the 2012 Academy Awards.
Murphy announced that he was stepping down from the gig just one day after Brett Ratner resigned from producing the awards show, and it's widely speculated that Eddie didn't feel comfortable doing the show without the Tower Heist director by his side. After causing public outrage for using a gay slur in a recent interview, it makes sense that Ratner would back out of producing the telecast, but everyone still wants to know what was going through Murphy's head when he decided to bail.
Brian Grazer will now produce the Oscars, but AMPAS has yet to reveal who will replace Murphy as host.
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