James Franco on Instagram Drama With Teen Fan: “I Feel Awkward.” (VIDEO)

James Franco finds himself in the middle of yet another scandal. Earlier this week, the actor allegedly tried picking up a 17-year-old fan via Instagram.
There has been speculation the incident was an elaborate hoax to promote Franco's upcoming movie Palo Alto. In the flick, the star plays a soccer coach who becomes involved with a teenage student. 
On Friday, Franco made an appearance on Live! With Kelly and Michael and gave a mea culpa.  “I feel awkward. I guess I’m embarrassed and I guess I’m just a model of how social media’s tricky,” said Franco. 
Watch the clip below to hear the former General Hospital star’s full address.  

James Franco Says He Invented The Oscar Selfie, NOT Ellen! (VIDEO)

Did comedienne Ellen DeGeneres steal the Oscar selfie? According to former Academy Awards show host James Franco, she sure did!

Franco recently spoke with The Today Show’s Savannah Guthrie, alongside his Of Mice and Men Broadway co-stars. During the chat he joked about being the one to first do a selfie at the Oscars. Franco stated:
I took some videos and selfies at my Oscars and I got criticized for it. Now she's getting a lot of attention for hers. I don't get it.

Maybe because Ellen was funny doing it, and you weren't James? Watch the interview below!

Michael B. Jordan Among Forbes’ 30 Under 30

Former All My Children, The Wire and Friday Night Lights star Michael B. Jordan has been named one of Forbes' 30 Under 30.

Beloved for his work on critically acclaimed dramas "The Wire" and "Friday Night Lights," Jordan's movie career got a big boost last year from a powerhouse performance in the indie "Fruitvale Station." "Fruitvale" was the hit of the film festivals and Oscar buzz for the actor grows louder every day. Catch him this month in R-rated romcom "That Awkward Moment."

James Franco to Have His Chestnuts Roasted By Comedy Central

Former General Hospital guest star James Franco (ex-Franco) is about to get the Comedy Central treatment. According to The Hollywood Reporter, Comedy Central Roast of James Franco will be taped in August and premiere on Labor Day.

"If only James Franco was a more successful, multihyphenated, incessant creative risk taker in different media, he'd be the perfect person to roast. Oh well ...  I suppose we'll just have to make do," Comedy Central's Kent Alterman, president, content development and original programming, said in a statement Wednesday.

Amanda Seyfried Channels Porn Queen in ‘Lovelace’ Trailer (VIDEO)

The first trailer for Amanda Seyfried’s highly-anticipated movie, Lovelace, has hit the web and it’s jam-packed with juicy tidbits and big name stars. Sharon Stone, Chris Noth, Robert Patrick, Juno Temple, Peter Sarsgaard, Adam Brody, Hank Azaria, James Franco, Eric Roberts, Chloe Sevigny and Bobby Cannavale all bring the heat in the new film. Lovelace hits theaters August 8. Watch it after the jump!

James Franco Wants Your Money

Former General Hospital star and Oscar nominee James Franco (ex-Franco) is the latest celebrity to launch a Indiegogo campaign to pay for a film, but there’s a twist. The $500,000 Franco is hitting fans up for will be used to produce not one, but three films based on his 2010 book Palo Alto, according to The Wrap.

Franco has big plans for the money: a trio of feature-length films directed by four up-and-coming talents. "Memoria" will be co-directed by Nina Ljeti and Vladimir de Fontenay; "Killing Animals" will be directed by Bruce Thierry Cheung; and "Yosemite" will be directed by Gabrielle Demestree. Franco hopes to begin shooting this August.

Franco, who has already raised over $25,000, promises to donate profits from the sale of the films to Art of Elysium.