Zooey Deschanel and JakeGyllenhaal will co-host the 2004 Sundance Film Festival awards ceremony on Jan24 2004, which will be broadcast live in the US by Sundance Channel.

Both actors are festivalalumni. Deschanel and Gyllenhaal appeared together in The Good Girl (Sundance 2002), Gyllenhaal starred in DonnieDarko (2001) and Deschanel starredin All The Real Girls (2003).

Deschanel stars in MichaelClancy's crime comedy Eulogy,which receives its world premiere at the festival. Gyllenhaal's sister Maggiehosted last year's closing night ceremony.