They make a humongous profit, but the people that work on the shows don't get paid a lot because they're working on the Oscars show. It's the biggest show in the world.

Now what's important is that they have an attitude. Everybody has a look, but not everybody has cultivated what their stage persona is. And so when you're dealing with actors, it just makes it more difficult, because you have to help them come up with one. You know, Johnny Depp has no Johnny Depp character when he's onstage. You haven't seen An Evening With Johnny Depp at Carnegie Hall.

I think probably the best example was the year Jack Palance dropped down and gave us push-ups when he accepted his award for supporting actor. Then we got to throw away a lot of the script because we just did Jack Palance jokes, because it was just too delicious, watching this old man carry on like that.

I like that we don't have to come out the first 10 minutes and score, you know, with joke, joke, joke. We can open it in a more novel way and keep playing different pranks as we go through the thing.

It's the biggest party in the world, and you have to keep the whole thing percolating, which is difficult because a lot of awards most people don't care about.

You know, you have to do homework. You listen to who they are, what they do. I also compare it to designing clothes for people. If somebody brings in Tilda Swinton, you're not going to give her the same dress you'd give Gabourey Sidibe. Everybody looks different in a different line, a different color. The same thing with the way people speak.

I mean, if they're doing a television show every night like Jon Stewart, or Ellen, or David Letterman, then they have their bunch of people who are sitting on a payroll someplace, who are coming up with material every day of the week. Those are the people who wind up doing the bulk of the work for them when they host the thing, because that's their team.