STAGE TUBE: Oscar Hosts Anne Hathaway and James Franco Channel GREASE!

As previously announced, Anne Hathaway and James Franco will co-host the 83rd Annual Academy Awards for outstanding film achievements of 2010, at the Kodak Theatre at Hollywood & Highland Center. The show will be televised live by the ABC Television Network. The Oscar presentation also will be televised live in more than 200 countries worldwide.

Though the previously rumoured "Suddenly Seymour" duet was cut from their opening number, that doesn't mean that the Franco and Hathaway are giving up on a bit of musical flair; Franco posted a short video on his YouTube account of the duo dressed in Danny and Sandy's iconic outfits from GREASE! Is this a hint that the opening number will include a bit from the 1950s-set musical? It won't be long to find out - the Oscars air this Sunday at 8pm EST.