Are James Franco & Anne Hathaway Remaking "Grease"?

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James Franco has hinted he and Anne Hathaway will be performing Grease showstopper "You're the One That I Want" at the Oscars on Sunday after posting a 19-second clip of what appears to be rehearsals for the big number on... 000_007_652_grease

James Franco has hinted he and Anne Hathaway will be performing Grease showstopper "You're the One That I Want" at the Oscars on Sunday after posting a 19-second clip of what appears to be rehearsals for the big number on YouTube.

The two stars will team up to co-host the Academy Awards and their routine has been a closely guarded secret.

But the new online footage features Franco and Hathaway – as John Travolta and Olivia Newton-John – performing the movie musical number.

We think that they'd be perfect for an actual movie remake. Anyone agree?

Also, James recently joined twitter. You can follow him @jamesfranco.

Are you excited to see James & Anne host the Oscars?

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