James Franco and Anne Hathaway to Host Academy Awards

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Oscar producers Bruce Cohen and Don Mischer announced today that the hosts of the 83rd Academy Awards will be none other than James Franco and Anne Hathaway!

"James Franco and Anne Hathaway personify the next generation of Hollywood icons— fresh, exciting and multi-talented. We hope to create an Oscar broadcast that will both showcase their incredible talents and entertain the world on February 27," said Cohen and Mischer. "We are completely thrilled that James and Anne will be joining forces with our brilliant creative team to do just that."

James Franco is currently staring in "127 Hours" and is well known for his portrayal of Harry Osborn in the "Spider-Man" trilogy. Anne Hathaway is now in "Love and Other Drugs" and is best known for her roles in "The Devil Wears Prada" and "Princess Diaries".

Academy Awards for outstanding film achievements of 2010 will be presented on Sunday, February 27, 2011, at the Kodak Theatre at Hollywood & Highland Center, and televised live on the ABC Television Network. The Oscar presentation also will be televised live in more than 200 countries worldwide.

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