updated 07/08/2011 AT 11:00 AM ET
•originally published 07/08/2011 AT 4:15 PM ET
But, despite reports Friday, one thing seems for sure: Although Winfrey, 57, who now calls the OWN network home, is known for going big, she won’t be honoring the biggest stars from the big screen this year.
Sources at the Academy of Motion Picture Arts and Sciences say that Winfrey is not in talks to host the 84th annual Oscar ceremony in February.
“The camera loves Oprah. Oprah’s a genius,” Academy president Tom Sherak tells The Hollywood Reporter. “But it’s not true, and I don’t know where that story even came from.”
Although she’s no stranger to Hollywood – she received an Oscar nod for her supporting role in 1985 for The Color Purple – Sherak says the Academy has yet to even select a producer for the upcoming show.
So with Winfrey seemingly out, who would you like to see take over L.A.’s Kodak Theatre?
Possible contenders: Anne Hathaway, 28, who played host this year with James Franco and Hugh Jackman, 42, who got the audience going at the 2009 ceremony. Perhaps Billy Crystal, 63, who has hosted the ceremony eight times, will rise for the occasion again, or Neil Patrick Harris, whose a two-time Tony Awards host and also hosted the Emmy Awards.
With months to go until the 2012 Academy Awards, tell us: