Two-time Oscar-nominated actress and multiple Grammy Award-winning singer Bette Midler will perform for the first time on 86th Annual Academy Awards, show producers Craig Zadan and Neil Meron announced today. The Oscars, hosted by Ellen DeGeneres, will air on Sunday, March 2, live on ABC.

Here's what producers Craig Zadan and Neil Meron had to say in a statement.

"We are thrilled to have Bette perform on the Oscars for the very first time. We believe she will make our Oscar telecast an especially moving evening."

Midler received Oscar nominations for Actress in a Leading Role for For the Boys and The Rose. She has recorded 13 studio albums, the first of which, 1972's "The Divine Miss M," sold over a million copies and earned her a Grammy for Best New Artist. Midler has gone on to sell over 30 million albums worldwide and win two additional Grammys for the songs "The Rose" (Best Female Pop Vocal Performance) and "Wind Beneath My Wings" (Record of the Year). She has been honored with three Emmy Awards and a special Tony Award in 1974 for her contribution to that year's Broadway season. Her numerous starring film roles include The First Wive's Club, Down and Out in Beverly Hills and Ruthless People. Last year Midler portrayed the late Hollywood agent Sue Mengers in the hit Broadway production, "I'll Eat You Last: A Chat with Sue Mengers."

Academy Awards for outstanding film achievements of 2013 will be presented on Oscar Sunday, March 2, at the Dolby Theatre at Hollywood & Highland Center and televised live on the ABC Television Network. The Oscars, produced by Craig Zadan and Neil Meron, also will be televised live in more than 225 countries and territories worldwide.