Preliminary ratings for last night's Oscar broadcast indicates it was down 7% from last year's audience of 41.7 million viewers. Several awards shows recently saw an uptick in ratings but it appears the Oscars are immune. Let's blame James Franco.

Did James Franco enact the most satisfying zit-popping known to man after the Oscars? Rob Pattinson and Kristen Stewart make out on a dance floor. Bieber and Selena Gomez make love with their hands. Melissa Leo rather regrets dropping an f-bomb. Monday gossip is an Oscars hangover.

After James Franco's squinty, smirky I-can't-believe-I'm-saying-these-words Oscars hosting stint, you may have some questions. Such as: Was he stoned? And: How stoned was he? Luckily, we have prepared a brief FAQ to help guide you through this confusing moment.

Well, that's that! The 2011 Academy Awards have come and gone. That means it's time for Gawker's Brian Moylan and Richard Lawson to tear the miserable thing to shreds.

In case you forgot, the 2011 Academy Awards are on right now! James Franco and Anne Hathaway are hosting (and being awkward). And for some reason, we were just treated (subjected?) to this random Auto-Tune the News-like montage.

Following their opening montage that parodied many of the year's most notable films, Academy Awards hosts James Franco and Anne Hathaway appeared on stage at the Kodak theater for an awkward, disjointed monologue. Oh, and Franco was totally stoned.

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?

Charlie Sheen goes to extreme lengths to prove he's not on drugs. Natalie Portman wears a cheap dress. Lil Wayne gets searched. Inside Kelsey Grammer's emotional wedding. Sunday Gossip Roundup, coming up!

Today, James Franco returned to General Hospital an the artist-murder-social-experiment once again. After a bomb explodes in Sonny and Brenda's limousine outside of their wedding, Jason gets a call from the sister Franco asking if he "enjoyed the fireworks." Spooky!

Everyone was befuddled when the news dropped that instead of some familiar old-ish white man or Whoopi Goldberg, this year's Oscar hosts would be Anne Hathaway and James Franco. Well, the James Franco bit just seemed like yet another weird event in his performance art career of being weird, so sure, OK. But the Hathaway angle remained confusing. Now we see why!

Dave Franco (little brother of James) teams up with Emma Roberts (niece of Julia) in a music video for Cults' "Go Outside," thereby answering any lingering questions about whether Dave would follow in his brother's film freak footsteps. In Dave's words:

James Franco, the man who boasts more slashes than a Freddie Kruger victim, is now a singer. He and his performance art partner Kalup Linzy have a musical duo, Kalup and Franco. They've yet to put out an EP, but one of their tracks, "I Love You" recently closed out a New York Fashion Week show.

James Franco grabs overexposure by the balls, then teabags it, in Columbia College Hollywood's Master Class: Editing James Franco… with James Franco, in which film students edit footage of James Franco under James Franco's tutelage while James Franco films them.

After getting some flack for a rather homogenous cover of white actresses last year, Vanity Fair's new Hollywood issue is mixing things up. There are 1.5 African-Americans on the cover! That's up from .25 African-Americans last year.

Ashton and Demi ignore a chorus of boos in Brazil. Charlie Sheen's rehab center is actually just his house. Glee apologizes to Lindsay Lohan. Helen Bonham Carter praises her own "huge breasts." Tuesday gossip is enhanced with video.

Yesterday, we brought you the very first promo for the Academy Awards, starring James Franco and Anne Hathaway. Just one day later, we have a second promo! In this one, the two hosts struggle with enunciation. The cute video, inside.

Today at Gawker.TV, Amy Poehler owns up to her stock photo modeling past, Jon Cryer talks about working with Charlie Sheen, Jason Davis tells horror stories of his "sobriety," and the first Oscar promos from James Franco and Anne Hathaway.

ABC has released its first promo for this year's Oscar broadcast, showcasing the comedy stylings of hosts James Franco and Anne Hathaway. It's short but also... kinda fun? Mostly it's satisfying to watch Anne Hathaway be tackled to the ground.

This promo states that our beloved hosts are "rigorously preparing for every possible Oscar emergency," but we're pretty sure James Franco's at school in Connecticut. Regardless, it's a chance to watch Anne Hathaway prepare for a possible nip-slip!

Wigs aside, James Franco had some serious art going on at Sundance this year. Inside, watch video shot first-hand at his installation of Three's Company: A Drama.