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Jimmy Fallon Says He's Not Hosting the Oscars (Video)

The "Late Night" Emmy nominee calls the offer "an honor" but tells Matt Lauer it isn't the right time.

Jimmy Fallon - P 2012
Andrew Eccles/NBC

Giving a bit of weight to the recent report that the Academy of Motion Picture Arts and Sciences was considering Jimmy Fallon as the host for the 2013 Academy Awards telecast, the Late Night host admitted Wednesday that that he had been asked.

He also said that he turned them down.

Speaking with Matt Lauer during one of Today's Olympic broadcasts in London, Fallon addressed the rumors head on.

PHOTO: The Best Late Night Talk Show Viral Videos

"No, I'm not going to do the Oscars," he said. "It's an honor to be asked by the Academy, but it's not my year."

Fallon's name first popped up as a possible Oscar host last week, with a Los Angeles Times story also reporting that the show would be produced by Fallon's former Saturday Night Live boss Lorne Michaels. This was said to be a bit of a conflict for Oscar network ABC, the home of Fallon's direct competition, Jimmy Kimmel.

Visibly disappointed by the response of his NBC colleague, Lauer finished the segment, noting, "that wasn't quite the note I was hoping to end on."

Watch the full interview below: