WATCH: Oscars Monologue with James Franco and Anne Hathaway (VIDEO)

(ABC)

James Franco and Anne Hathaway’s opening monologue from the 2011 Oscars featured some advice from two very special audience members – Hathaway’s mom and Franco’s grandma.

Check it out below!

What do you think?

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James Franco Signs On To “The Wizard of Oz” Prequel

(GettyImages.com)

James Franco has signed on to play the title role in Disney’s Oz: The Great and Powerful, a prequel to The Wonderful Wizard of Oz.

The film tells the story from the Wizard’s point of view, and chronicles how he arrived in Oz and became its ruler.

The upcoming Oscar host will be reuniting with Spider-man director Sam Raimi for the flick, which is set to begin production this summer.

What do you think about Franco playing the Wizard of Oz?

James Franco Sings Song “Pulled” From the Oscars

(GettyImages.com)

James Franco is getting ready to co-host the Academy Awards for the first time, and he’s been hard at work on a special version of Cher’s “You Haven’t Seen The Last of Me” (from Burlesque) for Sunday’s telecast.

Sadly, it didn’t make the cut.

Franco just tweeted his moving rendition of “Oscar Song,” along with faux outrage: “they pulled this from the oscar show. damn it.”

Rough audio of his would-be masterpiece is below.

We’ll have to wait until Sunday night to see whether he and co-host Anne Hathaway test their musical chops for a worldwide audience.

LISTEN:

Anne Hathaway and James Franco in First Oscars Promo (VIDEO)

(ABC)

Anne Hathaway and James Francoappear in the first ABC promo for the 83rd Annual Academy Awards, which they’ll be hosting on February 27.

In the clip, Franco rescues Hathaway after a “wardrobe malfunction” while the pair get ready for their big night.

Are you looking forward to Franco and Hathaway as hosts?

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