James Franco -- The busiest man in Hollywood?

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PHOENIX -- He might be on e of the hardest-working men in show business. James Franco is not only co-hosting the Oscars this weekend, he's also nominated for on the major awards.

As Yetta Gibson explains, it's Franco's first nomination as best actor. He's not only acting, he's working on advanced college degree, directing, recording music and even appearing on a daytime soap opera.