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What he's shilling: With his next project, the Steven Soderbergh-directed Liberace bio "Behind the Candelabra," still in pre-production, Michael Douglas will be there just being Michael Douglas.
Nominations and wins: He produced the 1975 best picture winner "One Flew Over the Cuckoo's Nest," and picked up the best actor trophy for 1987's "Wall Street."
Lowdown: A longtime Oscar fave, Douglas is being welcomed back into the fold after recently battling health problems. Given the fact that he's presented the best picture award three times in the past -- most recently in 2003, when his wife Catherine Zeta-Jones' "Chicago" won -- there's a good chance Douglas will also be announcing Sunday's big winner.