UPDATE, 12:12 PM: After an initial denial, Deadline can now confirm that Seth MacFarlane did indeed get a call about returning as host of next year’s 86th Annual Academy Awards but has not given an answer yet. The big problem for MacFarlane, we are told by highly reliable sources, is his already full plate with a new Western comedy, A Million Ways To Die In The West, going into production soon as well as initial work on Universal’s sequel to Ted, which has amassed a worldwide gross of over half a billion dollars and is obviously a priority for the studio.

Despite saying after this year’s Oscars that he wouldn’t consider coming back, MacFarlane is mulling the offer but at this point isn’t sure he has the time to do it. For the 85th Oscar show, he was closely involved for four months, and that is a big-time commitment. The Academy, returning producers Craig Zadan and Neil Meron and MacFarlane’s PR reps aren’t commenting so far, and neither is Academy president Hawk Koch.

MacFarlane’s comic Western film is being produced by the Ted team of Media Rights Capital and producers Scott Stuber and Jason Clark. MacFarlane, who directs, co-writes with Ted and Family Guy colleagues Alec Sulkin and Wellesley Wild, also stars as a bumbling sheep farmer in the comedy said to be in the vein of Blazing Saddles. Charlize Theron, Amanda Seyfried and Giovanni Ribisi co-star.

PREVIOUSLY, SATURDAY PM: Craig Zadan and Neil Meron aren’t talking yet (an Academy spokesperson said they are too busy at the moment producing their History Channel production of Bonnie And Clyde). But after the surprise announcement this week that they would be returning to produce the 2014 Oscar show, gossip blogs like HuffPo and others started spreading the obvious rumor that their handpicked — and controversial — 2013 Oscar host Seth MacFarlane already has been asked to do the gig again next year. Not true at all, Deadline has learned from MacFarlane’s reps. And shortly after the 85th Oscar show was over MacFarlane himself swore off any ambition to do the show again next year – or ever (of course never say ever). So with the false rumors out of the way let’s discuss what is true about the Academy’s Zadan/Meron play this week.

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