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In the past few days we’ve gotten quite a bit of news about the biopic film Lovelace and right now we’re going to get a wee bit more (because, clearly, Lovelace is the ONLY movie in production right now). Earlier we learned that Demi Moore is OUT and Sarah Jessica Parker is IN for the cameo role of Gloria Steinem and we also learned that Chloë Sevigny has also been added to the cast as a journalist. Last month we learned that James Franco was in talks to play Hugh Hefner in the film and today we get to see him in character on the set of Lovelace. Like the Gloria Steinem character, I understand that Franco‘s Hefner will be a cameo role. Click below to check out the first photos of Franco as Hugh Hefner and check out new photos of star Amanda Seyfriend as Linda Lovelace.

The planned biopic film based on the life of adult film star Linda Lovelace is still in the works with actress Amanda Seyfried attached to the lead role. Today we learn that actor James Franco is in negotiations to play the cameo role of Hugh Hefner in the film. As I understand it, Franco‘s Hefner role will be a small one in Lovelace but having his name attached to the film is enough to generate a bit of buzz.

Actor James Franco is featured on the cover of the new issue of Flaunt magazine … scratch that … James Franco is featured on 2 covers of the new issue of Flaunt magazine. One cover is pretty tame, one that can be openly featured on any magazine stand. The other cover is less tame. James allowed his bare, hairy ass to be photographed for the cover of Flaunt and, if you so desire, you can click below and get an eyeful of Franco‘s completely bare (and did I mention hairy) bum.

Actor James Franco has just been announced as the new male celebrity spokesmodel for Gucci‘s new Made to Measure line of tailored clothing. This new Made to Measure line of menswear will be handmade in Italy and will consist of 82 textiles which, according to the just released press announcement, will allow for 178 possible combinations of colors and fabrics. But, I’m guessing, it’s the promo ad campaign that will be getting all of the attention. For the campaign, Franco was photographed in a 1940′s type setting. Click below to check out some photos from the shoot along with the Made to Measure press release.

Congratulations are in order for actor James Franco because he is a new graduate from New York University. A photo of Franco in his purple robes made its way to Twitter yesterday so we know for sure that he did successfully complete his graduate program. Check out the photo below of new grad James Franco.

Almost as suddenly as he joined Twitter, actor James Franco decided to up and delete his official Twitter account. To be honest, it really isn’t all that surprising that Franco would up and quit Twitter. He only joined the social media site weeks before he was due to host the Academy Awards this year and most of his tweets were in support of the show. Now that he failed as an Oscar host and he has nothing that he must promote, I can see why he would just quit.

Earlier this month we got to check out a series of photographs of James Franco shot by famed photographer Terry Richardson … and today we get to see a new set of Franco photos shot by Richardson. James is featured on the Spring/Summer 2011 issue of Vogue Hommes International magazine and the spread was shot by Terry. Check out the magazine cover and photospread below.

James Franco, who has been having a field day on Twitter lately, posted a personal photo on his official profile that looks … suspicious. Now, it’s very likely that the photo he shared is harmless … but there is always the possibility that it is, well, not harmless. Check out the photo below and see what you think. Can you tell what James is showing off on Twitter?

James Franco hooked up with photographer Terry Richardson to pose for a few photos for posting on Richardson‘s official website. As you may know, Terry shoots photos of lots of celebs and many of those photos are, at the very least, kinda sorta interesting. These photos of James are, IMHO, pretty meh … but if you’re a Franco fan, you’ll prolly get a kick out of them. Check ‘em out below.

Remember that weird, soundless, dreamy video that James Franco posted on his Twitter profile that seemed to show him and Anne Hathaway in a parody of Grease? Well, if you watched the Academy Awards telecast on Sunday night you did NOT see that skit in the opening of the show. But, right now we get to see the parody in full … and based on the lyrics alone, I can see why it was cut from the Oscars telecast.