Anne Hathaway & James Franco Co-Hosting the Oscars!

Anne Hathaway and James Franco will be sharing hosting duties for the 2011 Academy Awards!

The two actors “personify the next generation of Hollywood iconsďż˝” 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″ the Academy said in a statement.

Anne already has some experience on the Oscars stage. Two years ago, she danced with then host Hugh Jackman in a major musical number.

Deadline was the first to report the news.

WOULD YOU LIKE to see Anne and James host the Oscars next year?