Oscar Co-Host James Franco -- in Drag -- Makes Dig at Charlie Sheen (Video)

 ABC

James Franco dressed in drag at the 83rd annual Academy Awards Sunday and joked about scandal-ridden actor Charlie Sheen.

After co-host Anne Hathaway performed a number about how Hugh Jackman wouldn't sing with her on the show, Franco appeared onstage, wearing a blonde wig and red dress, resembling Marilyn Monroe.

He then quipped, "The  weird part is, I just got a text message from Charlie Sheen."

GALLERY: See the best of the 2011 Oscars red carpet.

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