Anne Hathaway and James Franco are hosting the Oscars in 2011

This will be the second time James Franco appears on stage at the ceremony. The actor has the title role in Danny Boyle’s latest film, “127 hours”. He was recently seen in “Eat, pray, love”, ” General Hospital ” and especially the role of Harry Osborne in the trilogy “Spiderman”.

Anne Hathaway, who will make her fifth appearance at the ceremony, is currently starring in the film “Love and other drugs.”

“James Franco and Anne Hathaway personify the next generation of Hollywood icons – fresh, exciting and multi-talented,” explained Bruce Cohen and Don Mischer, the producers of the event to be held at the Kodak Theatre in Hollywood.

“We hope to create an Oscar broadcast that will both showcase their incredible talents and entertain the world on Feb. 27,” reports People.

This year’s annual ceremony was hosted by actors Steve Martin and Alec Baldwin. In 2009, the choice of the Australian actor Hugh Jackman had created a stir by breaking with the long tradition of comic actors as Oscar hosts.