Replacing James Franco: The Academy of Motion Picture Arts and Sciences has announced that Eddie Murphy will host the 84th Academy Awards, which will be telecast Feb. 26 on ABC. (Los Angeles Times)

Taking Leave: James Levine, the Metropolitan Opera’s music director, has withdrawn from all performances at the Met for the rest of the year after falling while on vacation and damaging a vertebra. (Washington Post)

Controversy: Iranian authorities have banned documentary filmmaker Mojtaba Mirtahmasb from traveling outside the country, according to the film’s international distributor. (Variety)

Resolution: The Montreal Symphony Orchestra’s management reached a new deal with musicians after a months-long salary dispute, on the eve of the opening of its new concert hall. (AFP)

New Market: As auction houses prepare for fall art sales, Chinese collectors are expected to become a major boost for the art market. (New York Times)

Finalists: Six authors were named to the shortlist of candidates for the 2011 Man Booker Prize for Fiction, the most prestigious literary award in Britain. (New York Times) (Washington Post)