James Franco

Young Hollywood is getting another boost thanks to the Academy Awards producers. Anne Hathaway & James Franco have been tapped to co-host this years show. Anne is a bit nervous as she told Entertainment Tonight: “I found out that I’m one of three women to host since … I think it was 1987. Maybe I’m the fourth, I’m not sure. I’m still learning all the amazing statistics that I almost don’t want to know because it gets a little bit too intimidating.”

Anne is currently starring in “Love and Other Drugs” with Jake Gyllenhaal while James is in the film “127 Hours”.

This won’t be Anne’s first time hosting. Recently she was a gust host on Saturday Night Live.

The show will air live on CTV February 27th from the Kodak Theater in Los Angeles. Nominations will be announced January 25th where Hathaway and Franco could score a nod.