Michael Douglas As Oscar Presenter: Will He Announce Best Picture?

It's always a big deal which star presents the year's Best Picture -- last year, Steven Spielberg did the honors for the third time -- and now we're wondering will secure the top spot for 2012.

Some presenters have already been announced -- two-time Best Picture presenter Tom Hanks, Angelina Jolie, Tom Cruise and the cast of "Bridesmaids" -- but now "Wall Street" star Michael Douglas is being thrown into the mix.

Will Douglas present the night's biggest honor?

Perhaps! The Oscar-winner has presented Best picture 3 times before, most recently in 2003. That was quite the family affair for Douglas, who not only presented with father Kirk Douglas, but also bestowed the trophy on Chicago, which his starred his wife, Catherine Zeta-Jones.

[via EW]