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James Franco and Anne Hathaway are meeting with Oscar producers this week to begin going over skits, and head writer Bruce Vilanch told NYDN, "We have to sit down with them to figure out what they will and will not do." Vilanch added that he'd "love" to do something with Hathaway and The Black Swan, and that the "obvious bit" for Franco would be a skit based on 127 Hours.

Can't wait to see!