Watch James Franco and Anne Hathaway's Oscars Opening Montage

The 83rd Annual Academy Awards are officially underway! This year's broadcast is being hosted by James Franco and Anne Hathaway, who just began the evening with the requisite "Let's look back at the year in film!" parody montage. Hit/miss?

[There was a video here]

Also Tonight:

• James Franco and Anne Hathaway Begin the Oscars with an Awkward Monologue
• Kirk Douglas Just Saved the Oscars
• What in Auto-Tuned Hell Just Happened at the Oscars?
• Watch Gwyneth Paltrow's Embarrassing Oscars Performance

[The 83rd Annual Academy Awards]