Franco and Hathaway picked as co-hosts for Oscars James Franco and Anne Hathaway have immediately what Academy Awards producers want as hosts of Hollywood's main night. They'll put on a show, somewhat than just another awards ceremony, organizer says.

Hollywood news updates Bruce Cohen and Don Mischer, producers of the Feb. 27 telecast, said Monday they had selected Franco and Hathaway as hosts as the two are raising stars with broad talent that will help turn the night into a carnival of film.

"What we have here are two really up-and-coming talents who are much respected and are going to have, I think, superb careers," Mischer said. "They deserve to be there, they've got the chops to be there, they want to be present, and I think that's going to make the addressees really relate to them."

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