The censor button over at NBC is in for a real workout next month.
This will be Waltz's first time hosting and comes a little over a week before he may or may take home the Oscar a second time on Sunday, Feb. 24. He won the award for Best Supporting Actor back in 2009 for Inglorious Basterds.
Alabama Shakes, who are nominated for Best New Artist at the Grammys, will make their debut as the musical guests.
How do you think Waltz will do as host?