Mark Wahlberg and Ted to appear at the Academy Awards

Mark Wahlberg arrives at the premiere of "Ted" at Grauman's Chinese Theatre on June 21, 2012, in Hollywood, Calif.

When the Academy Awards take place on Feb. 24, viewers can expect a guest appearance by none other than "Ted," the title teddy bear character in Seth MacFarlane's 2012 hit movie.

The film's star Mark Wahlberg spilled the news during a visit to "Anderson Live," saying, "Because Seth is hosting the Oscars, Ted and I will be appearing at the Oscars."

And "Ted" fans are in luck. Wahlberg confirmed that writers are in the midst of coming up with a screenplay for "Ted 2."

"I've never done a sequel before," he said. " But I have just so much confidence in Seth. He's such a talented and funny guy."

The song "Everybody Needs a Friend" from "Ted" is in the running for a best original song Oscar.