It has been announced that James Franco will be the next host of the Academy Awards, along with Anne Hathaway. Franco already has a three-part plan for his hosting duties. One is to outshine his main rival Justin Timberlake. Secondly, he is excited by the possibility of presenting himself with an award for 127 Hours. Finally, merely attending the Oscars would be lazy, and he might as well get some work in while he is there.