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James Franco and Anne Hathaway to Host 83rd Annual Academy Awards

It's just been announced that James Franco and Anne Hathaway will host the 83rd Annual Academy Awards. This is very different than anything we've ever really seen before. I grew up on the days of Billy Crystal and Steve Martin hosting the Oscars. I guess the academy is looking to usher in a new younger generation of actors, maybe they are hoping this will help boost the ratings for the Oscar show. Franco and Hathaway are both incredibly talented actors, I just hope the Academy isn't looking to turn the Oscars into a MTV type award show. It will be interesting to see what the Academy has planned for this year's show. Does this mean Franco isn't going to get a nomination for his role in 127 hours? Can a host be nominated for an award?

What do you all think about James Franco and Anne Hathaway hosting the awards show?

Here's the official Press Release:

Beverly Hills, CA – James Franco and Anne Hathaway will serve as co-hosts of the 83rd Academy Awards®, Oscar telecast producers Bruce Cohen and Don Mischer announced today. Both have previously appeared on the telecast but not in hosting capacities.

"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."

Franco, who currently can be seen in "127 Hours," will be making his second appearance on an Oscar telecast. His other film credits include "Eat, Love, Pray," "Date Night," "Milk" and "Pineapple Express." Franco is also known for his portrayals of Harry Osborn in the "Spider-Man" trilogy.

Hathaway will be making her fifth appearance on an Academy Awards telecast. She was recently seen in "Alice in Wonderland" and currently can be seen in "Love and Other Drugs." Hathaway's other film credits include "Bride Wars," "Becoming Jane," "The Devil Wears Prada" and "The Princess Diaries." She was nominated for an Oscar in 2008 for her lead performance in "Rachel Getting Married."

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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