As per a report in The Hollywood Reporter, Academy CEO Bill Kramer and outcoming president Janet Yang said in a joined statement, “We are thrilled to bring back Conan, Raj, Katy, Jeff and Mike for the 98th Oscars'' and added, “This year, they produced a hugely entertaining and visually stunning show that celebrated our nominees and the global film community in the most beautiful and impactful way. Conan was the perfect host — skillfully guiding us through the evening with humor, warmth and reverence. It is an honor to be working with them again.”