There isn't a whole lot to look at here: A James Franco fanpage managed to get a hold of a teaser image for Sam Raimi's Wizard of Oz prequel, Oz: The Great and Powerful, featuring Franco in a top hat as Oscar Diggs — AKA the man who would be Wizard.

When you are a professional rumormonger, people want to tell you things. They corner you at parties and shout other people's secrets. They call your telephone and whisper. They write urgent emails.

One night last week, Houston rapper/viral phenomenon Riff Raff was sitting in my living room in Brooklyn, eating a bag of Wise BBQ potato chips. The day before, he'd flown to Daytona Beach, Fla., to shoot a music video with 19-year-old viral rap ingénue Kitty Pryde, and now he was in New York to do photo shoots and interviews for two major rap magazines. He was scheduled to play The Bamboozle festival in New Jersey the following day. He sat on the couch next to the two attractive women that he'd brought with him—"my girl and her friend," he explained—and while his girl's friend rolled a small joint, Riff Raff and I played NBA Street Vol. 2 on my PlayStation 2.

Puff of 1920's French salon smoke James Franco is in the midst of adapting two books of poetry for two different films. Stephen Dobyns' Black Dog, Red Dog will feature Olivia Wilde, Chloe Sevigny and Whoopi Goldberg, while Tar, by the great C.K. Williams, stars Mila Kunis and Jessica Chastain alongside Franco himself. Big stars, small budgets, lots of Tisch student participation.

In the spirit of Fucking James Franco and Fuck Yeah! Ryan Gosling comes Bon Iver Erotic Stories. Entertainment Weekly brought this one to our attention, and yeah, it's actually kind of great, especially if you're a big fan of porn that makes you feel dead inside.

Remember that book Fucking James Franco? Its editor Sean Joseph Patrick Carney sent in the following video of James Franco screen printing a version of the book cover. Franco giggles in it, and it's actually kind of endearing — also to be expected, since James Franco is screen printing the words "Fucking James Franco." Maybe he's got a good sense of humor about being (and having sex with) James Franco after all. James Franco.

James Franco offers some choice words for writer Sam Anderson, who wrote Franco's New York profile, and the Portlandians behind fan fiction opus Fucking James Franco: They are all using him. The Hollywood Reporter reports,

Valentine's Day is all about love, romance, sex, and funding the American greeting card, flower, chocolate, and restaurant industries. What better way to celebrate all that than with a dirty story about James Franco's sex life?

Notorious class sleeper, D student, failed Oscar host, art enthusiast, multiple PhD candidate, and sometimes actor James Franco is going to ruin literature once again. He sold a novel! To Amazon! About actors! My eyes are getting a workout from all this rolling.

Forthcoming Linda Lovelace biopic Lovelace has the most strangely star-studded cast since Bobby: In addition to blue-eyed blonde Amanda Seyfried in the title role as the brown-eyed brunette porn star, Demi Moore will portray Gloria Steinem and James Franco is rumored to be closing in on a cameo as Hugh Hefner.

José Angel Santana is suing New York University because he claims he lost his job as a professor of film studies for giving notorious class sleeper James Franco a D. It sounds like Franco deserved it.

Kris Humphries hired a divorce lawyer, so it looks like the Kardashian wedding is finally over! But was it ever "real"? Meanwhile, Angelina and Brad hit up Vietnam. Saturday gossip is letting steak sauce drip down its chin.

Come join James Franco for a James Dean-themed sex-doll orgy-slash-art-project! Robert Pattinson and Kristen Stewart are married... or are they?! And Justin Timberlake has a crush. Saturday gossip is a rebel, Saturday gossip is a rebel, Saturday gossip is a rebel.

Does James Franco wax his buttcrack? What are the best accessories for a trip to the morgue? Why is Jessica Simpson so bad at hiding her baby bump? These are the perplexing questions of Gawkerazzi, the show where we blog with our mouths.

Early this morning, we conducted a brief interview with James Franco's ass. Hard-hitting stuff. But what do his other parts have to say? One commenter got the press release.

James Franco's ass graces the cover of the new Flaunt magazine. It agreed to an interview.

We're judging every single one of Lindsay Lohan's court outfits, and boy have there been a lot! We also take on Katy Perry, Laura Dern, James Franco, and a host of other celebrities who couldn't get a good look together.

There were many lessons you could have taken away from the movie 127 Hours, but if you had to boil it down to just one, it would probably be this: Never head out on a solo hiking trip to Utah's Canyonlands National Park without telling anyone. Well, Amos Wayne Richards, a 64-year-old from Concord, North Carolina, took away some different lessons entirely from 127 Hours. His lessons were all about the triumph of the human spirit and the fundamentality of man vs. nature and all that other spiritual crap that completely went out my ear the second James Franco sawed his arm off with a dull utility tool.

You hear them all the time, you read them in blind items, and your friend at the bar knows someone who knows someone who definitely used to sleep with a guy who used to sleep with Bradley Cooper. Yes, we're talking about celebrity gay rumors. But when do you think they're actually true?

Looks like our little Dakota Fanning is making good on her plans to attend New York University, almost mater of the Olsens and James Franco's West Village sleep-n-study center. Good for her!