Jacki Weaver 'Elated to the Point of Euphoria' Over Oscar Nod

'Animal Kingdom' star Jacki Weaver is now a proud Oscar nominee -- for best actress in a supporting role -- and she is very grateful for the recognition.

"I'm elated to the point of euphoria. I feel like I'm in a walking dream," she told PopEater in a statement.

"I'm so relieved that all those millions of Australians that wanted me to get this nomination aren't disappointed. Happy Australia Day," Weaver exclaimed.

She joins fellow nominees Hailee Steinfeld, Helena Bonham Carter, Melissa Leo and Amy Adams in her category.

"I'm 63 years old, I've been acting for 48 years. I've never been out of work, but I've never been known in America and it's not something that was ever on my agenda," she explained.

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Anne Hathaway, James Franco Bring the Funny in Oscar Promo

As the Academy Awards inch closer, a new promo for the big night shows co-hosts Anne Hathaway and James Franco prepping for the ultimate hosting gig -- complete with dance lessons and wardrobe-malfunction preparedness.

In the new clip, Franco and Hathaway can be seen working on their fitness -- using Oscar statues as weights -- and brushing up on their seemingly rough dancing skills.

And, in an effort to prevent any wardrobe issues, Franco jokingly practices throwing a blanket over Hathaway as a strap on her dress breaks while on stage. See the video after the jump!

"I'm just kind of going with the flow," he said, getting some helpful hints from a past host. "Billy Crystal said to wear tennis shoes, or something, but I don't think I'm going to follow that advice."

The 83rd Academy Awards air Feb. 27 at 8PM EST on ABC. http://xml.channel.aol.com/xmlpublisher/fetch.v2.xml?option=expand_relative_urls&dataUrlNodes=uiConfig,feedConfig,entry&id=691977&pid=691976&uts=1294158078http://www.popeater.com/mm_track/popeater/music/?s_channel=us.musicpop&s_account=aolpopeater,aolsvc&omni=1&ke=1http://cdn.channel.aol.com/cs_feed_v1_6/csfeedwrapper.swfReese Witherspoon keeps her hands in her pockets as she tries to stay warm while out in New York City on January 3rd.oKExp.start("popeater3-popeater_music_popscene");

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An Oscar Win for Natalie Portman Could Make Her One of the Highest Paid Actresses in Hollywood

Oscar watchers are all but guaranteeing that Natalie Portman will take home a little gold man for her work in 'Black Swan.' That $400 statuette may be the ultimate vanity prize in Hollywood, but it also carries some substantial clout in generating future value for an actor or an actress.

See, a little gold man tomorrow is actually worth more than a little gold man today.

Hollywood agents and managers estimate their clients get a 20 percent bump in their asking price for the next film they negotiate immediately following an Academy Award win for best actor or best actress.

The Hollywood Reporter's Stephen Galloway predicts that a win for Portman will put her in the same circle as Reese Witherspoon and allow her to command one of the top salaries in Hollywood.

"For Portman, a best actress victory could propel her into the Reese Witherspoon stratosphere of $10 million-plus a picture, a lot more than the high-six figures she made on the $13 million 'Swan' -- just as Halle Berry's asking price shot up to more than $10 million after her win for 'Monster's Ball,'" Galloway writes in this week's issue of THR. Granted, Portman typically commands a salary in the millions and took a pay cut for 'Black Swan' because it was a passion project.

Her increased price tag will be worth it for whatever project opts to pay it. The Academy Award provides an external validation in the consumer's mind, akin to an FDA stamp of approval. The voters, who are aspirational to start with, offer a similar screening function of sorting through the year's winners and losers albeit without the drastic downside -- if someone sees a crappy movie they won't die.

If Portman wins, from here on out, "Academy Award Winner" will be attached to her name and every project she is associated with, and the entertainment consumer will feel validated buying Portman products.

This nomination alone, and the fact that she has been anointed the chosen front-runner, will no doubt boost Portman's asking price. The issue is how long she plans to take off following the birth of her first child this summer. Her window of opportunity is wide, but it doesn't stay open forever, and the longer she waits after this possible win could diminish her value in the marketplace.

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Anne Hathway coping with Oscar critics

Poor Anne Hathaway. First you land the job of a lifetime and then everyone tells you you’ve done it wrong. The actress played host at the recent Oscar awards, which critics have slated as the worst in the ceremony’s long history. We don’t remember how bad it was because we were too busy enjoying staring at her co-host James Franco for hours on end, but whatever the pair of them did, they didn’t impress the US establishment, which takes the Oscars extremely seriously.

Like a proper showbiz trouper, though, Anne’s refusing to let the negative press get her down and keeping her eye on the people who did enjoy the show. Anne says,

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