James Franco & Anne Hathaway Star in ‘Grease’ Themed Preview of the Oscars [VIDEO]

February 23, 2011 5:53 pm

James Franco & Anne Hathaway

The web was abuzz Wednesday when this mysterious 19-second clip surfaced of Oscar hosts James Franco and Anne Hathaway dressed up as Danny Zuko and Sandy Dumbrowski from the musical “Grease.”

The two are seen reenacting the iconic carnival scene where John Travolta and Olivia Newton-John sang “You’re The One That I Want.”

The video is currently being planned to use in the open of this Sunday’s Academy Awards at 8ET/5PT on ABC.