Is 2011, "The Year Of James Franco" ?

2011 has been a great year for James Franco, as the famous Harry Osborn, is not only the Oscar nominee but is also co-hosting the 2011 Oscar awards. And not just that, the actor is all set to launch a new Hollywood bar where he is said to host an exclusive after-Oscars party. According to the contactmusic reports, James Franco will also be singing for his celebrity guests.

"I'm a partner in a bar that's opening up, and the after-after-after-after-party is going to be at my new bar. It's at a secret location," said James Franco.

"That's all I can say because I can't fit everybody. Everybody at the Governors Ball will not fit into my new bar, but it'll be going down," added Oscar nominee James Franco.

The "127 Hours" star has revealed he is planning a stage adaptation for Three's Company, a sitcom. Along with being a famous actor, artist, writer, director, Oscar nominee and host, the star will teach 12 lucky students at Columbia College. These lucky students will be creating a 30-minute documentary film featuring James Franco"s film career, mostly being short films. The class will also be taped and is said to be included in the course"s final project.