Confirmed: James Franco and Anne Hathaway To Host the OscarsJames Franco and Anne Hathaway are hoping for some Oscar season magic this year, but what they didn't anticipate was hosting the show entirely. Franco and Hathaway are going to helm the 83rd Academy Awards show on Feb. 27, according to the Academy of Motion Picture Arts and Sciences Twitter.

"OFFICIAL: James Franco & Anne Hathaway to host #Oscars. Tweet them your advice! #Hosts#Oscars," the academy tweeted.

The news was initially reported as a rumor from Deadline Hollywood, saying it "looks like" both actors have supposedly accepted.

Read More From Huffington Post

See how people in NYC and on Facebook reacted!