It will be their first involvement with the Academy Awards, Academy President Cheryl Boone Isaacs announced.
"We're delighted to have this talented team on board. David is a true innovator with a dynamic personality.
"His vast experience as a live events producer, coupled with Reggie's energy, creativity and talent as a filmmaker, is sure to make this year's Oscar telecast a memorable one," said Isaacs.
Hill called the opportunity an honour.
"What a great and exciting honor! The quest is to honour the year in film, honor the art, and above all, make it fun."
While he has contributed to hundreds of Emmy nominations and awards for the network, Hill received an individual Emmy for Outstanding Live Sports Special as an executive producer of the 2011 World Series broadcast.
He also served as an executive producer on the last two seasons of "American Idol".
A writer, director, producer and executive, Hudlin received a 2012 Best Picture Oscar nomination as a producer of "Django Unchained".
He executive produced the hit TV series "The Boondocks" and "The Black Panther" and has directed for "Modern Family", "Murder in The First", "New Girl" and "The Office".
Last year, Hudlin produced the Academy's 6th Annual Governors Awards ceremony and has been the executive producer of the NAACP Image Awards since 2012.
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