Ellen DeGeneres lists pros and cons of hosting the Oscars for a second time Ellen has trouble deciding if she will host the 2013 Academy Awards. Courtesy The Ellen Show Ellen DeGeneres poses on her just unveiled Star along Hollywood Boulevard. Photo: AFP Source: AFP Ellen in rehearsals before hosting the Academy Awards in 2007. ELLEN DeGeneres admits she was a little apprehensive about accepting the offer to host next year's Academy Awards. The 55-year-old comedian wrote a comprehensive list of pros and cons before saying yes, which she shared with her talk show audience yesterday. 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. Pro: A lot of fancy designers will approach me to wear a beautiful, expensive gown of theirs. Con: Ain't no way in hell I'm wearing a gown. Pro: I've done it before. The second time should be even better. Con: My second sitcom got cancelled after five minutes. Pro: If I'm on stage hosting, I won't be sitting on my couch drinking margaritas. Con: If I'm on stage hosting, I won't be sitting on my couch drinking margaritas. Pro: The theatre holds 3,000 seats. Con: It's gonna take 45 minutes to dance through all those aisles. The 86th Academy Awards will be held at the Dolby Theatre in Los Angeles on March 2 next year. It will be Ellen's second time hosting Hollywood's night of nights. She received an Emmy award nomination for her first attempt in 2007.