Many gossip sites are reporting that the song was “banned” from the Oscars, but according to E!, sources say the song was actually cut because Burlesque wasn’t nominated for anything.
Supposedly producers wanted Franco to sing the song while dressed as Cher, then have the real Cher come onstage and finish it herself. There’s no word on what Cher look Franco would have worn, but we’d like to think it was her “If I Could Turn Back Time” ensemble.
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Why James Franco Won’t Be Singing Cher at the Academy Awards [E!]