Ellen DeGeneres Shares the Pros and Cons of Hosting the Oscars

Ellen DeGeneres

Jason Merritt/Getty

updated 09/10/2013 AT 2:00 PM ET

originally published 09/10/2013 AT 3:15 PM ET

To host or not to host, that is the question.

Ellen DeGeneres admits she had difficulty deciding whether to host the Academy Awards for a second time. Although her performance in 2007 received positive reviews and even earned her a Primetime Emmy nomination, the TV star just wasn’t sure if she wanted to do a repeat performance.

So like many people faced with a big decision, she made a pros-and-cons list.

In an episode of The Ellen DeGeneres Show airing Wednesday, she shares it with her studio audience (after pulling it out of her sock), saying, “I thought I would take you on a journey inside my mind, which is scary. Hold on.”

So what are the pros and cons of one of the biggest gigs in showbiz? Here’s a peek into Ellen’s thought process:

Pro: I get to perform in front of 60 million people.
Con:: Oh my God, 60 million people watch that thing.

Pro: I’ll be invited to all the cool Oscar after parties.
Con: I like to be tucked in by 7:30.

Pro: Meryl Streep could get a record 17th Oscar nomination.
Con: Hashtag we’re over it, Meryl.

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