Brian Grazer and Brett Ratner An Oscar Won't Get Between Us!

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There's nothing like a good Italian meal to bring friends together -- per esempio, Brian Grazer and Brett Ratner.

Grazer is replacing Ratner as producer of the 2012 Oscars ... after Ratner resigned in the wake of criticism over a homophobic remark he made at a recent screening.

The two dined at Giorgio Baldi in Santa Monica and clearly wanted to show the paparazzi ... no hard feelings.

Mega-Producer Brian Grazer Fills Brett Ratner's Shoes As Oscars Producer

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Brian Grazer -- who produced "Apollo 13" and "A Beautiful Mind" -- has taken Brett Ratner's place to produce next year's Academy Awards show.

Brian signed on moments ago, agreeing to replace Ratner just one day after the "Rush Hour" director resigned .... following uproar over a homophobic slur Ratner dropped at a film screening.

Academy prez Tom Sherak announced Grazer's appointment this afternoon.

Interestingly, Grazer is listed as a producer on "Tower Heist" -- a film directed by Brett Ratner and starring Eddie Murphy, who resigned as the Oscars host just hours ago.

Eddie Murphy Bails Out of Oscars After Brett Ratner Resigns

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Eddie Murphy is showing the ultimate solidarity with good friend and producing partner Brett Ratner by quitting the 2012 Oscars, which he had agreed to host.

Ratner bailed -- though he may have had no choice -- after making a homophobic remark last week at a screening of "Tower Heist," which stars Murphy.

Murphy says he wanted to do the show and never says squarely he's bailing because Ratner is gone, but his statement leaves little doubt: "I was looking forward to being part of the show that our production team and writers were just starting to develop, but I'm sure the new production team and host will do an equally great job."

Looks like the Motion Pictures Academy does better with old people -- they're generally a lot safer.

Brett Ratner Quits Oscars after Homophobic Slur

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Brett Ratner claims he's officially "resigned" as producer of the 2012 Academy Awards ... after dropping the homophobic F-bomb at a media event Sunday night.

Ratner -- best known for directing the "Rush Hour" movies -- was at a fan Q&A session for "Tower Heist" Sunday when he told the crowd, "Rehearsal is for f*gs."

Now, he's penned an open letter ... apologizing for the "hurtful and stupid things I've said" ... and adding, "Having love in your heart doesn’t count for much if what comes out of your mouth is ugly and bigoted."

Ratner continued, "Being asked to help put on the Oscar show was the proudest moment of my career. But as painful as this may be for me, it would be worse if my association with the show were to be a distraction from the Academy and the high ideals it represents."

Ratner says he's been in contact with GLAAD -- the Gay and Lesbian Alliance Against Defamation -- and he promises he will work to "increase awareness of the important and troubling issues this episode has raised."

"I deeply regret my actions and I am determined to learn from this experience."

Tom Sherak -- the President of the Academy of Motion Picture Arts and Sciences -- issued a statement saying, "[Brett] did the right thing for the Academy and for himself."

He added, "Words have meaning, and they have consequences. Brett is a good person, but his comments were unacceptable. We all hope this will be an opportunity to raise awareness about the harm that is caused by reckless and insensitive remarks, regardless of the intent."

Diddy Apologizes "I'm Sorry for the Ignorant Way I Represented Myself"

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Diddy claims he "backslid and regressed" when he shouted racial and homophobic slurs at a clubgoer in Atlanta this weekend ... and now the rap mogul is begging for forgiveness.

Diddy went to his Twitter page a few hours ago ... and issued an apology to his fans for the way he acted inside Compound nightclub Saturday night ... when he threw ice at a clubgoer, threatened to fight the guy ... and then called him a "n**ga" and a "f**got."

Diddy explained, "I'm sorry for the ignorant way I repesented [SIC] myself ... I have backslid and regressed. Forgive me for my ignorance. Pray for me pls. I know better and I am better."

He added, "I have a responibility [SIC] that I promise I will live up to. And I'm more dissapointed [SIC] in myself than you know. I will humble myself and learn."

TMZ spoke to the man on the receiving end of the slurs, Ricky Parker, who tells us he felt "humiliated and disrespected" by Diddy ... and claims he will no longer support the hip hop icon.

Parker tells us he couldn't believe that Diddy would attack him so ferociously, simply because he was drinking Grey Goose vodka that night and NOT Ciroc vodka, which Diddy serves as a spokesperson for.

Parker tells us, "You won't ever hear me support him from this moment forward."

Joan Collins' Oscars Emergency The Footage

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Soap legend Joan Collins was rushed to a hospital Sunday night ... after a medical emergency caused by a SUPER-TIGHT dress she wore to an Oscar after-party (seriously) ... and TMZ caught it all on tape.

Collins claims she had a "Victorian swoon" caused by the skin-hugging dress she wore to the Vanity Fair party at the Sunset Tower Hotel

Collins told reporters, “We went to the hospital and they did all the tests before the doctors told me I was absolutely fine and released me. The truth was, I made the wrong decision to wear a very tight dress and had something rather like a Victorian swoon."

She added, “The good news is, I am in good health and feel fine today.”

Samuel Jackson RIPS Oscars -- No Black Men!?

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Another HARSH criticism of the Academy Awards ... this time from Samuel L. Jackson . .. who's pretty damn upset that there weren't more black actors involved in the show.

Jackson was in L.A. yesterday, where he told a photog, "Where were the black actors?"

He continued, "I guess they didn't think we were available to read teleprompters that night ... not a big deal, hopefully it'll get better ... it wont happen again."

Jackson added, "We work in town ... they know who we are, they know we're available to be on that show to represent the people of color who are in the business in town."

For the record, there were no black male presenters during the show -- to which Jackson stated, "Hopefully they wont make that mistake again."

Dicky Eklund Christian Bale Crashed My Website!

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Christian Bale single-handedly crashed Dicky Eklund's website Sunday night during the Oscars -- after the "Fighter" star gave the famous boxing trainer a shoutout during the awards ceremony.

Dicky's daughter and publicist Kerry Eklund tells TMZ, Bale's promo during his acceptance speech for "Best Supporting Actor" drove a ridiculous amount of traffic to Dicky's website ... and the servers just couldn't handle the load.

Sources on the technical side tell us, the site experienced nearly 20 times its normal daily traffic -- jumping from around 500 hits to nearly 10,000.

The site is up and running again -- and Kerry tells us, Dicky's ready to kick his training schedule into high gear.

Corey Feldman Mad About Corey Haim's Oscar Snub

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Corey Feldman is upset that the Academy of Motion Picture Arts and Sciences left his good pal Corey Haim off the Oscars "In Memoriam" segment -- saying the Academy does not "have a handle on who the public adores."

Feldman tells TMZ he's particularly upset since the same "public outcry" occured after Haim was left off the SAG memorial as well.

Feldman tells us, "Corey's films have earned the industry over a half a billion dollars and his work remains an inspiration to young artists world wide ... Corey dedicated his life to the film industry. The same industry that failed to dedicate even 30 seconds to his memory."

For their part, the Academy released a statement that reads: "Whatever the length of the sequence, there will always be fans and family members of those not included who will be disappointed by their omission. The Academy extends its understanding and its apologies to those who missed seeing a favorite face in this year’s feature."

James Franco's GRANDMA Parties Like a Rockstar!

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She stole the show at the Academy Awards last night ... and after the show, James Franco's grandmother partied her face off 'til 2 IN THE MORNING!!

Franco's younger brother walked their granny out of an Oscar after-party at Supperclub and into a waiting limo.

No word on how long Anne Hathaway's mom was able to hang.

Melissa Leo The Acceptance Speech F-Bomb

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Melissa Leo's foul mouth just tarnished her Oscar speech -- because she dropped the first f-bomb of the night moments after winning an Academy Award for best supporting actress.

83rd Annual Academy Awards -- Fashion Blowout

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Who cares who wins or loses? It's all about what the hottest people in Hollywood are wearing at the 83rd Annual Academy Awards.

TMZ's Live Oscar Coverage

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If you don't have anyone to watch the Oscars with -- or if you do, but they're just boring -- come watch with us! We'll be live blogging the show, taking your questions, and chiming in on all the night's festivities.

Live chat begins at 4:30 PM PT.

Sandra Bullock -- One Year Later

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It's been a year since Sandra Bullock won the Best Actress Oscar.

It's crazy how time flies when you are catching your husband cheating, divorcing and adopting a baby.

Anne Hathaway's First Dress of the Night

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Matching the red carpet, Oscars co-host Anne Hathaway has arrived in her first outfit of the night.

What's Daphne Zuniga Doing at the Oscars?

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Somehow "Melrose Place" star Daphne Zuniga wound up on the Oscars red carpet.