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James Franco and Anne Hathaway to perform Grease showstopper?

James Franco has hinted he and Anne Hathaway will be performing Grease showstopper You're The One That I Want at the Oscars on Sunday (27Feb11) after posting a 19-second clip of what appears to be rehearsals for the big number on YouTube.com.

The two stars will team up to co-host the Academy Awards and their routine has been a closely guarded secret.

But the new online footage features Franco and Hathaway - as John Travolta and Olivia Newton-John - performing the movie musical number.