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James Franco Reveals Why He Decided to Co-Host Oscars in 2011 with Anne Hathaway

James Franco is on the cover of Variety‘s latest issue.

Here’s what the 39-year-old actor had to share with the mag:

On turning 40: “I realize, ‘James, you’re 40.’ I have achieved all the things that I dreamed when I was younger. And realizing, ‘Oh, those things are not going to fill the hole.’ Do fewer things, and do things that you really love, and give them the attention they deserve.”

On why he quit Instagram: “It’s very liberating. I just got rid of it. When I first got on, it just felt silly. I treated it like it was a joke. You get in that weird seductive space where it feels private, but it’s also public. And you get hooked on the reaction… It’s sort of the way I see people like the Kardashians. They are staking out new ground, and what these spaces are. They are making a lot of money off of it. What will happen if I do that? There was some photo I did. I wasn’t naked. I’m sure Rihanna has posted a bunch more risqué photos. It was just the attitude of the photo. It was sweaty. My hand was in my boxers. It just looked gross.”

On hosting the Oscars with Anne Hathaway: “At the time I justified it to myself. ‘This will be an experiment. This will be weird.’ Part of me was so uncomfortable with the attention of being nominated, but also fear of losing, because everybody was talking about Colin Firth. I mean, I shouldn’t have been doing it. Honestly, I think the biggest criticism of me, it seemed like I was high or low energy. In my head, I was trying to be the straight man. I guess I just went too far or came across as the dead man.”

For more from James, visit Variety.com.

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James & Dave Franco Look Handsome at 'The Disaster Artist' Screening at AFI Fest 2017!

James Franco and Dave Franco are keeping the Disaster Artist promo coming!

The brothers and co-stars were spotted on the red carpet at the 2017 AFI Fest presented by Audi on Sunday (November 12) in Hollywood, Calif.

PHOTOS: Check out the latest pics of James Franco

Dave was joined by his new wife and co-star Alison Brie on the red carpet.

Josh Hutcherson, Seth Rogen, Ari Graynor, Melanie Griffith (who posed with Kris Jenner), Sugar Lyn Beard, Bob Odenkirk and Jacki Weaver all attended the premiere.

The guys were spotted one day prior looking handsome at the 2017 Governors Awards in Hollywood. They also buddied up for photos at the 2017 Hollywood Film Awards last week.

The Disaster Artist
hits theaters on December 8.

FYI: James is wearing a Dolce&Gabbana suit and Salvatore Ferragamo shoes. Alison is wearing a Marc Jacobs dress and Casadei shoes. Dave is wearing a Givenchy suit and shoes.

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James & Dave Franco Are Far from 'Disasters' at Governors Awards 2017

Hot brother James Franco and Dave Franco clean up nicely at the 2017 Governors Awards held at The Ray Dolby Ballroom at Hollywood & Highland Center on Saturday (November 11) in Hollywood.

The guys star in the upcoming movie The Disaster Artist, which is getting Oscar buzz!

Some of the other guys at the event included Thank You for Your Service‘s Miles Teller, The Killing of a Sacred Deer‘s Colin Farrell, and Coco‘s Gael Garcia Bernal.

The Big Sick‘s Kumail Nanjiani (with wife and co-writer Emily V. Gordon), Zoe Kazan, Holly Hunter, and Ray Romano were all in attendance as well.

FYI: James is wearing Salvatore Ferragamo tuxedo shoes. Miles is wearing an Ermenegildo Zegna Couture tuxedo, shirt, and bowtie with Salvatore Ferragamo tuxedo shoes. Zoe is wearing a Prada dress.

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James & Dave Franco Hit the Red Carpet Together at Hollywood Film Awards 2017!

James and Dave Franco are looking pretty spiffy together!

The 39-year-old and 32-year-old actors and brothers posed for photos together on the red carpet at the 2017 Hollywood Film Awards at the Beverly Hilton Hotel on Sunday (November 5) in Beverly Hills, Calif.

PHOTOS: Check out the latest pics of James Franco

The two also supported each other just a few days prior at the IndieWire Honors in Los Angeles, where James was honored with the Vanguard Award.

The two both star in The Disaster Artist, which is coming out on December 8 in theaters, and is already getting great reviews.

FYI: Dave is wearing a Paul Smith suit and Christian Louboutin shoes. James is wearing a Dior Homme suit and Salvatore Ferragamo shoes.

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James Franco's Brother Dave Supports Him at IndieWire Honors

James Franco poses for a photo with his younger brother Dave while attending the inaugural IndieWire Honors on Thursday (November 2) in Los Angeles.

The 39-year-old actor, who will next be seen in The Disaster Artist, was honored with the Vanguard Award.

PHOTOS: Check out the latest pics of James Franco

Also in attendance were Creative Independence Award winner Kumail Nanjiani with his wife Emily V. Gordon and Lead Performance – Television winner Sterling K. Brown with his wife Ryan Michelle Bathe.

FYI: Sterling is wearing a Trumaker suit with Kenneth Cole shoes.

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James Franco Terrifies People at 'The Shining'-Themed Halloween Horror Nights - Watch!

James Franco is officially going for the title of Scream King.

The 39-year-old actor and his The Deuce co-star Chris Baeur got into the spooky spirit at Universal Studios Hollywood’s Halloween Horror Nights in a video posted on Wednesday (October 25).

PHOTOS: Check out the latest pics of James Franco

James and Chris donned Jack Nicholson masks in the The Shining-inspired haunted maze – and yes, they came in swinging that iconic axe at unsuspecting guests!

Watch the actors get into their new gigs as a professional boogeyman below.

James Franco Wins Best Film Award at San Sebastian Film Fest!

James Franco is all smiles as he hits the stage during the awards ceremony at the 2017 San Sebastian Film Festival on Saturday (September 30) at Kursaal in San Sebastian, Spain.

The 39-year-old actor and director was awarded with The Best Film Award for his latest film The Disaster Artist.

PHOTOS: Check out the latest pics of James Franco

“This film really touched my heart because it’s about a crazy man, and in these crazy times I hope it brings a little inspiration to us all,” James said while accepting the award.

Joining James at the event included Christian Slater, Glenn Close, and her daughter Annie Starke.

10+ pictures inside of the stars at the event…More Here! »

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