Regina Hall, Wanda Sykes and Amy Schumer will host this year’s Oscars.

The Oscars previously announced its decision to cut back eight categories from being broadcast.

The decision sparked outrage in industry professionals.

Will Packer hosted a press conference to address the situation.

He said the award show was made to celebrate the nominees, and it wasn’t any different now.

Hall and Sykes were also at the press conference.

Packer said their decision had a lot of intentionality behind it.

The last Oscars show had a 51% ratings drop compared to the previous year.

ABC mounted pressure on the Academy award to make the cut.