MacFarlane, 38, tweeted out a video of himself breaking the news to his delightfully mustachioed father.
Very excited about the big news! youtu.be/qgqRnlOEhoE— Seth MacFarlane (@SethMacFarlane) October 1, 2012
Sample quote from the interaction: "Of course, its wonderful news, but also the fact that you're getting almost brand new bathing suits is also good news."
MacFarlane is also the man behind "Ted," "The Cleveland Show" and "American Dad!"
"It's truly an overwhelming privilege to be asked to host the Oscars," MacFarlane said in a statement. "My thoughts upon hearing the news were, one, I will do my utmost to live up to the high standards set forth by my predecessors; and two, I hope they don't find out I hosted the Charlie Sheen Roast."
Here's hoping he can find the mic this time.