James Franco's father Doug has died at the age of 63.
Doug Franco - a Silicon Valley Entrepreneur with a Harvard MBA - passed away last week and while the cause of his death has not been revealed, James' mother Betsy has paid tribute to Doug hailing him as a "sweet and generous husband".
Eddie Murphy is to host the 84th Academy Awards ceremony in February 2012.
The actor-and-comedian - who was nominated for an Oscar himself in 2006 for his role in 'Dreamgirls' and also presented an accolade in 2009 - has been praised by event producers as a "comedic genius" and one of the "most influential" live performers the world has ever seen.
James Franco is going to "settle down" in a few years time.
The '127 Hours' actor - who revealed last month he has split from his long-term girlfriend Ahna O'Reilly - "feels bad" about not spending as much time with loved ones as he could have because he's been "overworking" himself with his career and studies at several universities.