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James Franco and Anne Hathaway host the Oscars

By April MacIntyre Nov 29, 2010, 18:21 GMT

10/30/2010 - James Franco - 5th Annual Rome International Film Festival -

10/30/2010 - James Franco - 5th Annual Rome International Film Festival - "La Dolce Vita" World Restoration Premiere - Arrivals - Auditorium Parco Della Musica - Rome, Italy © Insidefoto / PR Photos

Actors James Franco and Anne Hathaway are to co-host the Feb. 27 Academy Awards.

Off a run as a serial killer/artist on ABC's "General Hospital," Franco stars in the Danny Boyle film, "127 Hours" and Hathaway co-stars with Jake Gyllenhaal in "Love and Other Drugs."

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,” Oscar producers Bruce Cohen and Don Mischer said in a statement.

“We are completely thrilled that James and Anne will be joining forces with our brilliant creative team to do just that.”

The 83rd Academy Awards will be broadcast live on ABC on February 27, 2011.

The Oscars will be telecast by ABC from the Kodak Theatre in Hollywood.

Follow @AprilMac on Twitter and Monsters and Critics on Facebook for the latest movies, TV and celeb news



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